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Justin Sun, the founder of the Blockchain Tron, plans that the price of Ethereum will increase to $ 5,000 in the coming months. His prediction is made while Ethereum is preparing to celebrate his 10th anniversary in July 2025.
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Price forecast fixes the community afloat
Bold forecasts have made waves in cryptocurrency communities, especially because Ethereum is currently less than $ 2,000. Based on the Coingecko figures, the second largest cryptocurrency is estimated at around $ 1,789.
Sun published his opinion on X (formerly Twitter), observing a personal connection on the launch date of Ethereum. His birthday is July 30, the same day, Ethereum was launched in 2015.
The founder of Tron has exploited this moment to collaborate with the Ethereum Foundation in the advertisement of the next birthday celebrations. Its price target of $ 5,000 is almost a 200% increase in levels now.
Ethereum shares the same birthday as me – this date is really significant. I suggest an increase of 10x – commemorate it together at $ 5,000!
– Il Justin Sun 🍌 (@justinsuntron) April 24, 2025
Plan the Foundation of World Birthday Events
According to reports from the Ethereum Foundation, the 10th anniversary will have global birthday parties of all sizes. Organizations and individuals can plan local events to participate in the celebration.
To help do these events, the Foundation’s ecosystem support program will reimburse up to $ 500 in events per event. Applicants must apply by June 15, 2025.
The Foundation hopes to establish an environment of “global holidays” around the birthday, with the community participation of various countries and regions.
Sun four -step plan for Ethereum’s growth
Sun did not leave it there during projections – he has mapped a concrete plan that he is convinced that Ethereum would have the level of $ 5,000 in no time:
1. The Ethereum Foundation should refrain from selling ETH for at least three years to limit supply and promote detention.
2. Instead of token sales, the foundation could use loan and shimmer platforms such as Aave to finance operations.
3. The Foundation must rationalize its team, keeping only the best developers and compensate them at better rates to improve the quality of production.
4. Development should aim to improve the basic layer 1 network instead of diluting resources compared to so many secondary projects.
Image: Cryptonary
Ethereum faces challenges despite the success
Even if he hosts thousands of decentralized and popularized applications for intelligent contracts worldwide, Ethereum is still struggling with various problems. It is generally complained by users, including exorbitant gas costs, slow transaction speeds and poor scalability.
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Meanwhile, an upgrade nicknamed “Pectra” should occur in May 2025 which could solve some of these problems. It is said that the upgrade reduced the transaction costs and improves the application of contracts throughout the network.
Sun’s support in Ethereum stands out because he leads Tron, often considered a competing blockchain. Despite this apparent rivalry, he maintains the assets of ETH and regularly praises the progress of Ethereum.
It remains to be seen the market response to Sun’s optimistic prospects, Car Ethereum would need significant momentum to reach the expected level of $ 5,000 compared to its current price.
Star image of the Ethereum Foundation blog, tradingView graphic
(Tagstotranslate) Altcoins
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