BitMEX co-founder Arthur Hayes boldly predicts that the USD stablecoin market will surge to $10 trillion by 2028, a wave of liquidity that could propel DeFi platforms like Ethena and Ether.fi into the mainstream. Hayes also maintains a bullish stance on Ethereum-related assets, emphasizing that stablecoins will bridge traditional finance and DeFi yield protocols. Currently, the price of Ethereum (ETH) is holding firm on the key support level of $3,557, with market attention focused on institutional fund flows and ecosystem development.
Arthur Hayes predicts the stablecoin market will reach $10 trillion by 2028, driving a DeFi boom.
BitMEX co-founder Arthur Hayes predicts that the US dollar stablecoin market will surge to $10 trillion by 2028, triggering a major shift in the global financial landscape. This liquidity surge could propel decentralized finance platforms like Ethena, Ether.fi, and Hyperliquid towards mainstream adoption.
The analysis compares current monetary policy to that of historical empires, suggesting that Treasury Secretary Scott Bessent's strategy could undermine the euro-dollar system. As stablecoins become a new tool of financial hegemony, "American peace" faces upheaval.
Hayes maintains a bullish stance on Ethereum- related assets until 2028. The convergence of regulatory clarity and technological innovation is enabling stablecoins to serve as a bridge between traditional finance and DeFi yield protocols.
Ethereum demonstrates resilience: holding firm on key price ranges despite slowing momentum.
Ethereum maintains its upward trajectory but faces a slowdown in momentum, with Matrixport analysts predicting a consolidation phase in the $4,355 to $4,958 range. The asset has consistently held near key moving averages since mid-August, indicating continued active bargain hunting.
Market observers point out that the $4,355 level may still face a test of retracement. The current market narrative has shifted towards institutional fund flows and ecosystem development as the primary price drivers. While the fundamental logic of cryptocurrencies remains intact, technical factors may play a more significant role in short-term performance.
Ethereum staking exit queue hits a record high of $4.6 billion.
Ethereum's staking exit queue has surged to a historic $4.6 billion, marking a significant milestone in the network's post-merger development. This unprecedented demand for unstaking reflects changing market dynamics as validators reassess their staking strategies.
According to CryptoSlate, this record-breaking figure highlights the growing demand for liquidity from institutional and retail stakers. Despite macroeconomic headwinds facing global digital asset markets, the Ethereum blockchain continues to demonstrate strong activity.
Ethereum prices are fluctuating within a range, with the market awaiting institutional catalysts.
Ethereum's price action is currently oscillating between $4,355 and $4,958, with Matrixport analysts noting that upward momentum has weakened after the August buying spree. The 30-day moving average at $4,355 may face a retest, and traders are awaiting a clearer directional signal.
Market focus remains on the sustainability of Treasury inflows and the narrative's development. These institutional participants will determine whether ETH breaks out of its current trading range or establishes a new equilibrium.
Technical proficiency has become a key differentiator for traders navigating the current phase of ETH . The asset's performance continues to reflect the overall trajectory of the crypto market, with institutional participation increasingly dominating price movements.
Standard Chartered Bank is bullish on Ethereum: predicts it will reach $7,500 by the end of the year.
Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, asserts that Ethereum (ETH) and digital asset financial companies holding large ETH reserves are currently severely undervalued. Since June, institutional demand has surged, absorbing 4.9% of the total ETH supply—2.6% purchased by financial companies and 2.3% flowing in through spot ETFs. This propelled ETH to an all-time high of $4,946 on August 24, but Kendrick still calls the current valuation "cheap."
Despite Ethereum offering an additional 3% staking yield, reserve firms like SharpLink Gaming (SBET) and BitMine Immersion (BMNR) still have lower net asset multiples than their Bitcoin- focused peers. BitMine alone plans to hold 5% of the circulating ETH. SharpLink's treasury share buyback commitment further enhances downside protection.
Standard Chartered reiterated its year-end ETH price target of $7,500, highlighting the widening gap between institutional adoption and market pricing. Kendrick noted, "Valuations ignore the structural advantages of staking yields," drawing parallels to Bitcoin's early institutionalization phase.
Fundstrat analyst Tom Lee claims Ethereum has bottomed out, and cryptocurrency enthusiasm continues to rise.
Michael Saylor, Tim Draper, Marc Andreessen, Brian Arms TRON g, and Balaji Srinivasan have long been recognized as staunch supporters of cryptocurrency adoption. Now, Fundstrat Chief Investment Officer Tom Lee has joined their ranks with bold market predictions.
Lee announced during a late-night trading session that Ethereum had bottomed out, demonstrating his confidence in a rebound for the asset. This statement comes amid growing institutional interest in digital assets and a growing number of prominent investors publicly expressing optimism about market trends.
