Prediction: If Bitcoin surpasses $300,000 this cycle, Ethereum is expected to rise to $10,000
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On May 10, Trend Research under LD Capital released its latest report stating that Ethereum is long considered capable of surpassing $5,000. Optimistically, if Bitcoin breaks through $300,000 in this cycle, Ethereum is expected to rise to $10,000. Ethereum currently still possesses robust financial data, maintaining its position as the most important infrastructure in crypto finance. Ethereum's DeFi total TVL is approximately $60 billion, accounting for over 53% of the global DeFi market, with a stablecoin market cap of $124 billion, representing over 50% of the global stablecoin market cap. The total AUM of Ethereum ETFs is $7.2 billion, and BlackRock's tokenized money market fund BUIDL has an investment scale of about $2.7 billion in the Ethereum ecosystem, accounting for 92% of its total assets. Based on the following potential factors, it is predicted that Ethereum's price will reach $5,000 in this cycle: the imminent end of U.S. QT and the further start of interest rate cuts; the new SEC chairman may bring breakthroughs in the promotion of tokenization on the Ethereum chain and staking-related legislation; the Ethereum Foundation's management and roadmap repair, maintaining a certain degree of infrastructure innovation; and a steadily growing on-chain financial ecosystem.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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