Arthur Hayes Predicts Ethereum Price To $4,000, Road To $10,000 Now Clearer

Arthur Hayes said the Ethereum (ETH) price is on track to reach $4,000, having gained over 47% in the past month.

On July 20, he posted a chart showing the price near the mark and asked how users planned to respond.

This comment comes as market signals and rising interest from big players continue to shape Ethereum’s movement.

ETH Price Moves Close to $4,000 as Market Interest Grows

Arthur Hayes, the former Chief Executive Officer of BitMEX, said Ethereum could reach $4,000 soon.

In a post on his X account, he shared a chart showing Ethereum trading at $3,711.80.

The post came after the Ethereum price gained 3.33% on the day and over 47% in the last month.

In the same post, Hayes asked his followers how they would celebrate once Ethereum hits $4,000.

The one-month chart he posted showed a steady increase in Ethereum’s price. This update showed that the ETH price climbed from below $2,400 to above $3,700.

The chart came from Binance’s ETH/USDT trading pair. More importantly, his post drew attention as activity around Ethereum increased.

Crypto analyst Ali Martinez also shared a chart from IntoTheBlock that showed that over $18 billion worth of large transactions were recorded on the Ethereum network on July 17.

This rise in significant ETH movements suggested strong participation by large holders and institutions.

It is also worth noting that a separate report listed potential future price points for Ethereum. It put the short-term goal at $8,000 and the long-term target at $80,000.

These numbers were based on Ethereum’s growing role in digital finance and its use as a digital reserve asset.

What Is Driving the Ethereum Price Rally

Analysts have identified several reasons behind Ethereum’s recent move. One of them is the rising demand for tokenized assets.

More institutions have begun using Ethereum’s network to develop financial products and transfer value. This is driving interest and increasing the network’s utility.

Another reason is the launch of Ethereum staking products. Several staked Ethereum exchange-traded funds (ETFs) have entered the market.

These allow investors to earn a yield from Ethereum without needing to manage wallets or perform staking themselves. It also makes Ether more appealing to traditional investors.

There is also growing stockpiling of Ethereum as a treasury reserve asset. Some institutional investors have begun to hold Ethereum in reserve, treating it as a long-term investment.

The Strategic ETH Reserve, which holds more than $2.5 billion, is one example. This type of behavior reduces the supply in circulation and adds to buying pressure.

Ethereum is now being considered as a possible treasury asset even in more mainstream cycles. It has a decentralized design that is not tied to any single entity, enhancing its appeal.

As the largest altcoin, ETH has a global reach, making it easy to use across borders. Additionally, it can generate yield through staking.

These features make it worthwhile for large companies and even public institutions. Because of this, it stands out from many other digital assets.

Analysts See Bigger Numbers Ahead

Other market watchers have also given ETH price targets. Tom Lee of Fundstrat predicted that Ethereum could reach between $10,000 and $15,000 by the end of 2025.

His view was based on comparisons between Ethereum and software-like companies, especially in terms of value and growth potential.

Some predictions have gone even higher. One long-term model placed Ethereum’s future price at $706,000, based on global value estimates reaching $85 trillion.

However, that figure was marked as a possible future outcome, not an expectation.

For now, Ethereum is still on the rise. As of the time of writing, it was trading at $3,736.17, up 5.09%.

Strong buying interest, steady growth in institutional use, and increased on-chain activity have kept it moving upward.

Hayes’ post placed a spotlight on the $4,000 mark, but conversations have already begun about what could come next.