Arthur Hayes Backs $10K ETH – Is the Ethereum Rally Just Beginning?

Legendary copyright trader and BitMEX co‑founder Arthur Hayes forecasts a bold $10K ETH price target, fueling expectations of a new Ethereum bull run. Key catalysts include surging DeFi usage, expanding ETH 2.0 staking yield, and favorable macro market trends, signaling momentum for the next Ethereum cycle. This analysis explores how institutional interest and on‑chain metrics support the Ethereum price prediction—is this rally only getting started?