Eugene Ng Ah Sio, a notable figure in the cryptocurrency landscape, anticipates a significant rise in Ethereum’s (ETH) value by 2025. He points to the potential for supportive regulations following the upcoming U.S. presidential elections as a catalyst for this growth. Ng Ah Sio projects that Ethereum could hit the $4,000 mark in early 2025, approaching its historical peak.
What Factors Support Ethereum’s Rise?
Ng Ah Sio outlines three primary factors contributing to Ethereum’s expected strong performance. Firstly, Ethereum is currently priced about 30% lower than its previous all-time high, in contrast to Bitcoin (BTC), which has risen 40% since its peak. This disparity suggests that Ethereum is primed for upward movement.
How Will Policies Impact the Market?
The second influencing factor is the anticipated crypto-friendly policies from the Trump administration, which may bolster platforms like Ethereum. The WLF, under Trump’s leadership, has shown a keen interest in Ethereum assets. Lastly, an increase in demand is forecasted, driven by Coinbase’s Base ecosystem, which serves as one of Ethereum’s Layer-2 solutions, enhancing transaction activity.
Key insights from Ng Ah Sio include:
- Ethereum’s current pricing positions it well for recovery.
- Supportive political policies are likely to favor smart contracts.
- Growing demand from ecosystem developments will drive transaction volumes.
Ng Ah Sio further mentions that 2025 will likely be characterized by a reevaluation of various cryptocurrencies, echoing trends from previous years. He anticipates significant price volatility and increased competition, alongside the expected introduction of AI-driven assets and yield-generating tokens. While many developments will unfold, Ng Ah Sio is skeptical that a peak valuation will be fully realized in this timeframe.