Arthur Hayes: "Ethereum projected to reach $10,000–$20,000 during the Trump administration"

Arthur Hayes, co-founder of BitMEX, has presented a bullish outlook for Ethereum (ETH).

According to cryptocurrency-specialized media outlet CoinEdition on the 22nd (local time), Hayes recently stated in a CNBC interview, "The chart indicates further upside," and predicted, "Ethereum's price could rise to $10,000–$20,000 within 3–4 years."

He explained, "Although reaching that level in the very short term during this cycle is difficult, asset-friendly policy direction during the Trump administration and capital inflows from digital asset treasury firms will drive the uptrend."

Hayes especially regarded President Trump's focus on economic achievement as a positive factor for the digital asset market.

For virtual asset tokens, he favored Ethereum over Solana (SOL), evaluating, "In the short term, Solana may offer higher returns, but in terms of market size and stability, Ethereum has better risk-adjusted return profiles."

Previously, he predicted ETH would break through its peak after testing $3,000. In addition, he accumulated Ethereum-related tokens worth $14.37 million between the 10th and 20th of last month.