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Justin Sun, the founder of the Tron blockchain, predicts that Ethereum’s price will surge to $5,000 in the next few months. His prediction is made as Ethereum gears up to celebrate its 10th anniversary in July 2025.
Price Prediction Sets Community Afloat
The daring forecast has made waves in cryptocurrency communities, particularly because Ethereum is currently priced under $2,000. Based on figures by Coingecko, the second-largest cryptocurrency is valued at around $1,789.
Sun posted his opinion on X (formerly Twitter), observing a personal connection to the launch date of Ethereum. His birthday is July 30, the same day Ethereum launched in 2015.
The founder of Tron leveraged this moment to collaborate with the Ethereum Foundation in advertising the upcoming birthday celebrations. His $5,000 price target is almost a 200% hike from levels now.
Ethereum shares the same birthday as me—this date is truly meaningful. I suggest a 10x increase—let’s commemorate it together at $5,000! https://t.co/o8Ci30xbhH
— H.E. Justin Sun 🍌 (@justinsuntron) April 24, 2025
Foundation Plans Global Birthday Events
According to reports by the Ethereum Foundation, the 10-year anniversary will have global birthday parties of all sizes. Organizations and individuals can plan local events to participate in the celebration.
To assist in making these events occur, the Foundation’s Ecosystem Support Program will reimburse up to $500 in costs per event. Applicants must apply by June 15, 2025.
The Foundation hopes to establish a “global holiday” environment around the anniversary, with community involvement from various countries and regions.
Sun’s Four-Step Plan For Ethereum Growth
Sun didn’t leave it there at projections – he mapped out a concrete plan he is convinced would get Ethereum to the $5,000 level in no time:
1. The Ethereum Foundation should refrain from selling ETH for a minimum of three years to curb supply and promote holding.
2. Instead of token sales, the Foundation might employ lending and staking platforms such as AAVE to finance operations.
3. The Foundation must rationalize its team, retaining only the best developers and compensating them at better rates to enhance output quality.
4. Development should be aimed at enhancing the core Layer 1 network instead of diluting resources over so many side projects.
Image: Cryptonary
Ethereum Faces Challenges Despite Success
Even though it hosts thousands of decentralized applications and popularized smart contracts globally, Ethereum is still struggling with various issues. It is commonly complained about by users, including exorbitant gas charges, sluggish transaction speeds, and poor scalability.
Meanwhile, an upgrade dubbed “Pectra” is set to happen in May 2025 that may solve some of these problems. The upgrade is said to reduce transaction fees and enhance contract enforcement throughout the network.
Sun’s support for Ethereum stands out because he leads Tron, often viewed as a competing blockchain. Despite this apparent rivalry, he maintains ETH holdings and regularly praises Ethereum’s progress.
The market’s response to Sun’s optimistic outlook remains to be seen, as Ethereum would need significant momentum to reach the predicted $5,000 level from its current price point.
Featured image from Ethereum Foundation Blog, chart from TradingView
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
