🤯 HAYES PREDICTION: ETH to Hit $20,000! 50 ETH = $1 Million By Next Election

Arthur Hayes, the highly influential founder of BitMEX, has released a sweeping forecast, arguing that Ethereum ($ETH) is positioned to become the institutional default settlement layer, driving the price to $20,000 by the next US presidential election.

Hayes' Institutional Thesis:

Public Chain Victory: Banks and institutions have realized that private blockchains fail for security and real usage. They are being forced to accept public chains for on-chain settlement due to the stablecoin boom.

The Default: Hayes believes ETH is the only platform with the security, liquidity, and developer depth required by institutions, making it the "security substrate" even as activity moves to Layer-2 networks.

Record Accumulation: This forecast comes as major players like BitMine ($BMNR) are aggressively accumulating, buying over 170,000 ETH this month alone and holding over 3.86 million ETH in their treasury.

💰 The Magic Number: 50 ETH

Hayes' most explicit target suggests that if ETH reaches his forecast price of $20,000, owning 50 ETH would be enough to create a seven-figure portfolio by the time of the next US election.

The Competitive Landscape:

ETH First: Hayes sees ETH as the clear long-term winner.

SOL Second: He credits Solana (SOL) for its rise but states it "needs a new trick" to outperform ETH again, placing it as a distant but durable second.

The Rest: He views most other Layer-1s as structurally weak and likely to collapse.

🔥 The long-term institutional path for ETH is clear according to one of crypto's most vocal figures. Are you stacking for the $20,000 target?

🏆 Top coins to watch now (Institutional L1s & L2s):

$ETH (The Default Settlement Layer)

$SOL (The Strong Second-Place Competitor)

$BNB (Ecosystem Benchmark for Exchange Reserves)