Analyst Predicts ETH to $10K with Staking ETF Approval
2025-07-15 07:41:00
Main Idea
Ethereum (ETH) could potentially reach $10,000 by the end of the current market cycle, driven by the anticipated approval of staking within Ethereum ETFs, according to EMJ Capital founder Eric Jackson.
Key Points
1. Eric Jackson predicts ETH could hit $10,000 by the end of the current cycle, with a bullish case of $15,000+ if L2 adoption and ETF inflows exceed expectations.
2. The approval of staking within Ethereum ETFs is seen as a major catalyst, potentially offering a 3.5% passive yield and increasing demand for staking.
3. Ethereum's deflationary tokenomics, with a shrinking net supply, suggest the network is underpriced and could benefit from institutional-grade yield products.
4. Critics argue Ethereum faces technical challenges, such as legacy tech debt, and note that the REX-Osprey Solana ETF already offers staking with a 7.3% yield.
5. Despite skepticism, ETH has shown strong recent performance, with gains of 19.5% in the past week, 23.8% in two weeks, and 86.7% over the last three months.
Description
Ethereum (ETH) may be poised for a major breakout, but the trigger might not be what most investors expect. According to EMJ Capital founder Eric Jackson, ETH could hit $10,000 by the end of the current cycle, fueled not just by exchange-traded funds (ETFs) but by the anticipated greenlighting of staking within those products. The Staking Catalyst In a series of posts on X on July 13, Jackson argued that while the market believes the impact of the spot Ethereum ETF is “already priced in,” the tr...
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