Ethereum (ETH) price target: $3000. Arthur Hayes anticipates an exceptional performance

Ethereum is currently trading near its crucial support at $2400. Certainly, on-chain indicators reflect bearish pressure. However, several

Ethereum is currently trading at a crucial support level of $2,400. While on-chain indicators are showing bearish pressure, several experts are betting on a swift reversal for the second-largest cryptocurrency.

Indeed, several experts, including Arthur Hayes, co-founder of BitMEX, are anticipating an exceptional performance from Ethereum in the next 18 to 24 months. He predicts that the coin will outperform its competitors, particularly as it already outperforms Solana in terms of DeFi protocols and total value locked (TVL).

«누가 솔라나를 이길 것이라고 생각했을까요? 지난 18개월 동안 누가 더 뛰어났을까요. 바로 솔라나입니다. 다음 18개월 동안 누가 더 뛸 것이라고 생각하시나요? 저는 비웃고 싶지 않지만 제 생각에는 이더레움이 될 것이라고 생각합니다.»

Experts: 'Perfect Storm' Bodes Well For Ethereum

According to Hayes, Ethereum is currently the best-performing crypto blockchain in terms of TVL and Proof of Stake security. He adds that the current depreciation is creating a rare investment opportunity, especially comparing Solana’s past outperformance.

«만약 최고의 DeFi 프로토콜과 최대의 TVL이라는 측면에서 솔라나가 18개월 동안 최고의 시대를 보냈다면, 시대가 바뀌고 있다고 생각합니다. 시대가 바뀌고 있으며, 이더레움은 다시 한 번 최고의 시대를 보낼 것이라고 생각합니다.»

The development of Ethereum continues with the Pectra upgrade, which improves the scalability and stability of the crypto network. Preston Van Loon, lead developer, announces a faster pace of targeted forks.

«우리는 연간 두 개의 하드 포크를 시행할 것이라는 점을 밝힐 수 있습니다. 항상 시차를 두고 진행될 것입니다. 대부분의 경우, 우리는 항상 조금 더 빠르게 진행될 것이라는 점을 시사했습니다.»

With two annual forks, Ethereum aims for speed and stability. These are two key elements to attract institutional investors. The tokenization of real-world assets via the Ethereum blockchain is also expanding.

However, the complexity of rollups and fragmentation remain challenges.

The ETH/BTC ratio, trading near its historical lows, witnessed a 38% rebound in May, signaling a possible altcoin season. Moreover, the growing demand for Ethereum ETFs strengthens institutional appetite, with selling pressure clearly weaker than on bitcoin.

In any case, Ethereum seems poised to play a major role in the 2025 crypto sphere. Its innovations and resilience could make it the essential platform compared to its rivals. A true turning point for the crypto ecosystem!