Arthur Hayes Predicts Ethereum Will Hit $5k Before Solana Reaches $300

In March's second half, the crypto market witnessed a bullish turnaround and bolstered several altcoins to form stable support. This recovery can be attributed to Bitcoin's stability above $80,000 and declining panic around United status tariff imposition on other countries.

March saw the crypto market begin its second half with a bullish turnaround, aiding several altcoins in forming stable support. This recovery can be attributed to Bitcoin’s stability above $80,000 and declining panic around United status tariff imposition on other countries.

Amid the optimistic backdrop, Arthur Hayes’ bold prediction of Ethereum hitting $5,000, has prompted traders and analysts to closely examine these leading altcoins. According to Coingecko, the global crypto market cap is at $2.98 Trillion, and 24-hour trading volume is $88.5 Billion.

Key Highlights

Arthur Hayes Predicts Ethereum Will Hit $5k Before Solana Reaches $300

BitMex Co-founder and renowned cryptocurrency commentator Arthur Hayes has made headlines in the crypto community with his latest prediction, shared via a tweet on March 25, 2025.

Hayes boldly stated: “$ETH to $5k before $SOL to $300. Who is with me?”

The tweet quickly garnered attention, sparking lively discussions among traders about the growth potential of Ethereum and Solana. Let’s analyze if their price behavior supports the aforementioned prediction.

Ethereum (ETH)

One of the strongest and most influential blockchain platforms globally is Ethereum, holding a market capitalization of $250.1 Billion, and currently trading at $2,064.

Over the past three months, the ETH price has witnessed a major downturn from $4,108 to $2,065 current trading value, registering a loss of 57%. However, the price now seeks support at an ascending trendline, stretching back since March 2020.

Historical data shows the dynamic support has bolstered buyers to recuperate the bullish momentum and drive a rally ranging from 365% to 1,830%. If the pattern holds true, the ETH price could 140% rally in the coming months to reach the $5,000 barrier.

The weekly chart analysis shows that $2,153 stands as an initial barrier, whose breakout could kickstart the anticipated recovery.

Solana (SOL)

Known for its lightning-fast transaction speeds and cost-efficiency, Solana is considered a primary competitor to Ethereum. As of now, the SOL price trades at $144 and holds a market cap of $73.4 Billion.

Amid the recent market recovery, the coin price bounced from $112 to $144 current trading value, accounting for a 28.75% jump. If the market buyers managed to build up on this reversal, the SOL price could leap 82% and challenge the resistance at the $260 neckline.

This upswing will signal the formation of a traditional reversal pattern called cup and handle. The chart setup is characterized by a long-accumulation trend in U or saucer-shaped, followed by a temporary pullback to regain bullish momentum.

The ongoing market buzz surrounding spot Solana ETF could further accelerate the buying pressure and lead to a sustained price reversal.

Under the pattern’s influence, the SOL price is likely to surpass the $260 barrier and chase $300.

Conclusion

Arthur Hayes’ bold prediction highlights Ethereum’s maturity, historical resilience, and current bullish setup against Solana’s technical rebound potential and promising growth pattern. While both assets are destined to reach their target, the ETH price might lag behind as it faces overhead resistance from EMAs and is yet to form a suitable reversal opportunity.

Conversely, the Solana price shows higher potential for rebound amid ETF buzz and major reversal.

The above is the detailed content of Arthur Hayes Predicts Ethereum Will Hit $5k Before Solana Reaches $300. For more information, please follow other related articles on the PHP Chinese website!