Ethereum
Arthur Hayes Predicts Ethereum at $10,000 by Year-End
A speculative $10,000 Ethereum forecast from Arthur Hayes faces historical skepticism given the asset's substantial current market valuation.
BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes published an end-of-2026 target of $10,000 for Ethereum in a September newsletter, when the token was trading near $2,379. Hayes acknowledged that the projection is speculative, presenting the figure without a formal valuation model.
As of October 6, Ethereum traded at $2,704, requiring a rally of approximately 270% over the remaining 86 days of the year to meet Hayes's target. The token sits roughly 45% below its August 2025 record high of $4,946.
The article highlights that while Ethereum has achieved comparable quarterly gains in the past—such as during early 2016 and 2017—those surges occurred when its market valuation was under $30 billion. Achieving a similar multiplier at its current market capitalization of around $330 billion presents a significantly steeper challenge, contrasting with more conservative institutional forecasts like Citigroup's $3,028 target.
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