Could Ethereum Reach $5,000-$10,000 This Cycle?

A recent report examines Ethereum’s strong financial and network fundamentals, highlighting its dominance in the DeFi space. With approximately $60 billion locked in value (TVL) within its ecosystem, representing over 53% of the global DeFi market, Ethereum has established itself as a crucial player. Additionally, stablecoins holding over $124 billion in value on the platform account for more than 50% of the global supply. The report attributes a potential price target of $5,000 to $10,000 to several macroeconomic trends such as the expected end of quantitative tightening in the U.S., and anticipated interest rate cuts. This is coupled with the possibility for regulatory improvements, especially if the U.S. Securities and Exchange Commission (SEC) sees a leadership shift that promotes clearer rules around tokenization and staking. Ethereum Foundation continues to invest in infrastructure upgrades and its development roadmap, further reinforcing its position as the essential foundation layer of the crypto finance sector. Trend Research anticipates a bullish outlook for Ethereum this cycle.