Analysis Company Shared Big Bull Prediction on Ethereum: "In the scenario where Bitcoin reaches 300,000 Dollar, ETH..."

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Trend Research announced in its latest research report published under the umbrella of LD Capital that Ethereum is expected to exceed 5,000 dollars in the long term.

The report predicts that if the crypto market moves towards an optimistic scenario, Ethereum's price could rise as high as 10,000 dollars if Bitcoin exceeds 300,000 dollars in this cycle.

The report indicates that the financial fundamentals of ETH are still strong, stating that Ethereum maintains its position as the most important infrastructure in the crypto finance world. According to the data, the total amount of locked assets in the ETH DeFi ecosystem is around 60 billion dollars, which accounts for more than 53% of the global DeFi market. On the stablecoin side, the total market value of stablecoins on Ethereum represents more than 50% of the global market at 124 billion dollars.

As the total managed asset value of Ethereum ETFs reaches $7.2 billion, BlackRock's tokenized money market fund BUIDL has invested 92% of its assets into the Ethereum ecosystem; this amount is approximately $2.7 billion.

According to the report, the prediction that the ETH price could reach 5,000 dollars in this cycle is based on the following factors:

  • The approach of the quantitative tightening (QT) process in the US and the beginning of interest rate cuts;
  • With the potential change in the SEC presidency, there is an expectation for progress in the tokenization and staking laws on the ETH chain.
  • The stability of the Ethereum Foundation's infrastructure development and roadmap management;
  • The stable growth of the financial ecosystem on the chain must be maintained.
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