Justin Sun: Ethereum Will Reach $5,000 Ahead of 10th Anniversary
Tron founder Justin Sun recently predicted that Ethereum (ETH) could reach $5,000 within months. His statement comes as excitement builds around Ethereum’s upcoming 10th anniversary celebrations, scheduled for July 2025.
Sun’s bullish prediction stirred considerable interest in the crypto community, especially given Ethereum’s current price, which remains below $2,000.
Justin Sun shared his thoughts on X and highlighted a personal link to Ethereum—the network launched on his birthday, July 30, 2015. Sun took that moment to pair up with the Ethereum Foundation to promote the upcoming global holiday.
The Ethereum Foundation announced a series of worldwide meetups, inviting individuals and groups to host local events. To reduce financial burdens, the Foundation’s Ecosystem Support Program will reimburse event costs up to $500 per event, provided funding requests are submitted by June 15, 2025.
While celebrating Ethereum’s milestone, Sun also provided strategic advice aimed at boosting ETH’s value significantly. He recommended the Ethereum Foundation stop selling ETH for at least three years, arguing this approach would reduce token supply and encourage investors to hold longer.
Additionally, Sun suggested using decentralized finance platforms like AAVE for financing operational expenses without selling ETH. This approach, he argued, would ensure stable funding while preserving Ethereum’s token economics.
Further, Sun advocated for structural changes within the Ethereum Foundation, emphasizing the importance of a smaller but better-compensated developer team. According to Sun, retaining top talent would enhance productivity and strengthen Ethereum’s ecosystem.
Finally, he emphasized a focused effort on Ethereum’s primary Layer 1 network, prioritizing speed, security, and scalability improvements over secondary projects.
Ethereum Gears Up for Future Growth
Ethereum remains the second-largest cryptocurrency by market capitalization, renowned for supporting thousands of decentralized applications and popularizing smart contract technology.
However, Ethereum has consistently faced criticism, particularly regarding high gas fees, transaction delays, and scalability concerns.
These issues might soon improve with the planned Pectra upgrade in May 2025. This upgrade aims to significantly lower transaction fees and enhance smart contract enforcement capabilities across the Ethereum network.
As Ethereum currently trades around $1,771, market watchers will closely monitor whether upcoming developments and Sun’s bullish outlook can indeed trigger substantial growth.
Interestingly, despite founding Tron (TRX)—a blockchain frequently seen as Ethereum’s competitor—Sun remains openly supportive of Ethereum, holding ETH tokens and frequently commenting positively on its progress.
