Dear Gate Post users, we’re excited to announce a brand-new upgrade to our user interface! The new version is simpler, smoother, and packed with many thoughtful new features. Update now and explore what's new! What do you think of the new Gate Post experience? Which features do you like most? Have you noticed any surprises or improvements? Share your experience now to split a $50 prize pool!
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Prediction: If Bitcoin breaks through $300,000 in this cycle, Ethereum is expected to rise to $10,000.
On May 10, Trend Research, a subsidiary of LD Capital, released the latest research report saying that Ethereum has long believed that it can exceed $5,000, and in an optimistic scenario, if Bitcoin exceeds $300,000 in this cycle, Ethereum is expected to rise to $10,000. Ethereum still has solid financial data, and its status as the most important infrastructure of crypto finance has not changed. The total TVL of Ethereum DeFi is about $60 billion, accounting for 53%+ of the global DeFi market, and the stablecoin market capitalization is $124 billion, accounting for 50%+ of the total global stablecoin market capitalization. The total AUM of the Ethereum ETF is $7.2 billion, and BlackRock's tokenized money market fund, BUIDL, has an investment in the Ethereum ecosystem of about $2.7 billion, accounting for 92% of its total assets. Ethereum prices are predicted to hit $5,000 in this cycle based on the following underlying factors: the imminent end of US QT and the further start of rate cuts; The new SEC chairman may bring a breakthrough in the bill on the advancement of tokenization and staking on the Ethereum chain; The management and route repair of the Ethereum Foundation maintain a certain degree of infrastructure innovation; Maintain a steadily growing on-chain financial ecosystem.