Eric Trump has publicly backed an $8,000 price target for Ethereum (ETH), attributing the cryptocurrency’s growth potential to record-breaking global M2 liquidity reaching $95.6 trillion. This unprecedented money supply level historically lifts valuations for risk assets, with ETH’s current price trajectory still trailing the expansion of liquidity.
Financial analysts project Ethereum could surge to between $8,000 and $13,000 based on converging factors including technical chart patterns, accelerating spot Ether ETF inflows, and favorable macroeconomic conditions. Market data indicates Ethereum is now outperforming Bitcoin substantially, evidenced by a 40% rise in the ETH/BTC trading pair since mid-June.
Supporting this bullish outlook, U.S.-listed spot Ether exchange-traded funds have extended their inflow streak to 16 consecutive days. This sustained institutional demand underscores growing confidence in Ethereum’s market position amid shifting crypto investment preferences.