Arthur Hayes Bets Big: Ethereum to $5,000 Before Solana Reaches $300

Arthur Hayes, the crypto industry\’s broadminded person, is back with a bang. He has made a prediction that is bound to make heads turn. In a fiery post on X on March 25, 2023, BitMEX co-founder Hayes declared, “$ETH to $5k before $SOL to $300. Who is with me?” This is definitely a bold forecast, comparing Ethereum’s gradual ascent with high-octane hodling frenzy of Solana. CoinMarketCap listed the prices of ETH at $2,060 and SOL at $140. Therefore, Hayes thinks ETH will appreciate 150% while SOL 120%, yet bets the smart contract king gets there first.

Ethereum’s Advantage

Hayes, however, has not simply thrown in his opinion; he has a conspiracy in his favor. Ethereum has been allegedly fighting its way back, due to a mountain of whale buys and ETF buzz, up 8% this week to $2,060, according to CryptoTimes. Expert Ali Martinez has indicated on X, “@m2globalmoney” rotation games favoring ETH with last week; In one swoop alone, 470,000 ETH was bought. Alder pretty much defined active; esto es dinero de mediana entidad. Meanwhile, Hayes told CoinGape he expects a $5,000 price because of the strong developer ecosystem behind Ethereum and its upcoming Pectra upgrade soon in Q2—layer-2 scaling on steroids.

Solana? Certainly not slow, 12% this week to $140, says CoinGape; however, Hayes maintains it will lag. Property is there. Retirement comes from less than rarefied January peaks of $294, congestion woes, and too competitive. X user @tradeducky agrees with Hayes, citing ETH’s “institutional interest” may exceed SOL’s steam from retail traders. Bitcoin’s at $89,000 according to CoinMarketCap; however, it is losing some dominance, down to 45% according to TradingView — another ticket for ETH to come into its own.

Hayes knows where to seize the moment, and he could not have chosen a better time with optimism soaring. Trump’s crypto-pro-friendly vibes — including that Strategic Bitcoin Reserve reference by Forbes — were merely the pistons that accelerated the lift-off of the market. Ethereum has gotten its share of limelight in ETF talks, not with analyst Michael van de Poppe on X setting a target at $2,800 if ETH breaks $2,150 in the immediate term. SOL has its tailwinds as well—think Brazil flooding with XRP ETF vibes—but Hayes thinks ETH fundamentals will take the cake. The recent post on X by @thebbcrypto stated that he “expects ETH to outpace SOL in the near term,” affirming Hayes’ predilection.

Risks? Absolutely. ETH faces a barrier at $2,100, while SOL’s chances could diminish if selling pressure rises. However, increasing trade volume — $13 billion for ETH and $5 billion for SOL, per CryptoTimes — indicates decent market momentum.

https://www.cryptotimes.io/eth-to-hit-5k-before-solana-hits-300-arthur-hayes/https://coingape.com/ethereum-price-to-hit-5k-before-sol-rally-to-300-arthur-hayes-says/ https://news.starlavinia.name.tr/sec-unveils-crypto-2-0-task-force-to-bols/