Can Ethereum Really Hit $10,000 This Bull Cycle? Hayes Thinks It’s Inevitable

• Ethereum could rally to $10,000–$20,000 if it breaks highs.
• Stablecoins may reach $10 trillion market size by year 2028.
• Ethena’s rapid growth could soon overtake USDC in market supply.

The crypto market is holding its breath as Federal Reserve Chair Jerome Powell prepares to deliver his Jackson Hole speech. With Bitcoin hovering near $113,500 and Ethereum trading just above $4,200, uncertainty is high. 

Against this backdrop, BitMEX co-founder Arthur Hayes has laid out his bullish long-term vision for Ethereum and selected altcoins, arguing that the coming years could redefine the size and scale of the digital asset market.

He said that the political and economic backdrop in the United States points toward aggressive money printing in the years ahead, especially as election pressures mount. If that happens, crypto markets may remain in a bullish phase through 2027 or even 2028.

Related: Ethereum Runs the Game While Solana Struggles for Identity, Hayes Warns

Why Ethereum Holds More Potential

While Bitcoin has already surged far beyond its previous all-time high, Ethereum is only beginning to recover lost ground. Hayes sees this as a setup for …

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