Justin Sun’s Ethereum Price Strategy: $10,000 Target

TRON inventor Justin Sun has a daring plan to revive Ethereum's value while its price remains below its ATHs.

Sun’s Ethereum Price Prediction

Sun just posted on X (previously Twitter) a proposal to boost Ethereum to $10,000. Sun's objective is to completely restructure the Ethereum Foundation (EF) and protocol.

The TRON creator claims that swift action might almost treble ETH's price high. One of his main recommendations is to ban ETH sales for three years. Sun hopes this would stabilize currency supply and boost market confidence.

Sun advocates using Aave (AAVE) loans, staking returns, and stablecoin borrowing to fund operating expenses and maintain ETH supply while meeting deflationary aims.

Sun suggests suspending sales and taxing Layer 2 (L2) developments heavily. He estimates Ethereum may earn $5 billion in stablecoins or tokens from this approach.

ETH would be repurchased and burned decentralized with tax income, increasing scarcity and demand.

Major staff cuts to make Ethereum Foundation meritocratic
Sun also stressed the necessity to simplify Ethereum Foundation activities on social media. He advises cutting workers and keeping the best.

The TRON creator also wants fee-burning techniques and node incentive changes. Sun thinks Ethereum can strengthen its deflationary status and value store by cutting node payouts.

Sun said the emphasis will be on Layer 1 (L1) development, scalability, security, and adoption.

Sun believes these activities might push Ethereum over $4,500 in the first week, setting the framework for long-term success.

This is Sun's vision for Ethereum's price, although the platform's co-founders or developers may embrace any of these recommendations if they boost the value.

Ethereum has lost 4% in the previous 24 hours and is now at $3,200. This fall has increased the 34.5% gap between the current price and its ATH of $4,878.


#ETHProspects #Tron #ETH #USConsumerConfidence $ETH $TRX