Hayes Projects $10,000 Ethereum Price Target by Late 2026

Former BitMEX CEO Arthur Hayes has forecasted that Ethereum (ETH) will reach $10,000 by the end of 2026. This projection represents more than a tripling from ETH's current trading value around $2,700.

Hayes stated his confidence in deploying substantial capital into ETH stems from the absence of concern about experiencing a catastrophic 75% decline due to security vulnerabilities. He also noted that Ethereum has underperformed relative to competing blockchain platforms, attributing this to market attention and narratives gravitating toward alternative chains.

Ethereum spot ETFs have recorded a $2.8 million withdrawal, breaking an inflow trend that started on September 18. Total accumulated ETH ETF inflows have climbed to $13.95 billion.