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#HighlightPosts Tron (TRX) Founder Justin Sun has Announced Ethereum (ETH) Price Prediction! "By July 30...."
Tron founder Justin Sun claimed that the price of Ethereum could reach $5,000 by July 30.
A striking new post has come from Justin Sun, the founder of Tron, known for its purchases of Ethereum (ETH) and strong support of (TRX).
Justin Sun, stating that the 10th anniversary of Ethereum coincides with his own birthday on July 30, claimed that the price of ETH could reach $5,000 on that date.
Will Ethereum Reach a New ATH by July?
According to Justin Sun, Ethereum could see a 10-fold increase in value and potentially reach $5,000.
Justin Sun's prediction has created excitement and debate in the crypto world due to the fact that the price of Ethereum is currently below $2,000.
This prediction from Sun came at a time when the Ethereum Foundation was preparing for a major global celebration to mark its tenth anniversary.
The Ethereum Foundation encourages individuals and groups around the world to organize local meetups. In this context, the foundation announced the Ecosystem Support Program and stated that it would provide financial support of up to $500 per event under the incentive. According to the announcement, funding applications must be submitted by June 15, 2025.
Sun did not provide a specific timeline for his $5,000 prediction for Ethereum. While Sun's prediction is exciting, some experts argue that Ethereum still faces issues with scalability, high gas fees, and slow transaction times.
Warned About Ethereum!
The founder of Tron had pointed out the excessive leverage problem in the Ethereum ecosystem in a post he made about a month ago.
Sun stated that instead of expecting a collapse that could harm Ethereum's protocols and decentralized finance ( DeFi ) projects, excessive leverage needs to be brought under control. He emphasized the need for early intervention and a coordinated solution.
IT IS NOT INVESTMENT ADVICE