Arthur Hayes Predicts Ethereum Price to Hit $10K, Massive ENA & ETHFI Rally
Highlights
- Arthur Hayes predicts Ethereum price will reach $10,000 by year-end.
- The bullish outlook is based EURJPY falling to 140 by mid-2027 and liquidity from Fed balance sheet expansion
- He also predicts a massive rally to $0.50 for Ethena (ENA) and $2 for ETHFI.
Crypto billionaire Arthur Hayes predicts Ethereum price will reach $10,000 by year-end amid fresh liquidity into the crypto market from Fed balance sheet expansion and Treasury bond buybacks. He also forecasts sharp gains in Ethena (ENA) and Ether.fi (ETHFI).
Ethereum Price Could Reach $10,000 by 2020-End, Arthur Hayes Predicts
Arthur Hayes, BitMEX co-founder and Maelstrom CIO, has issued new year-end 2026 outlook in his latest Substack article “Atencion,” predicting Ethereum price to reach $10,000.
The outlook is based on the expectation that EURJPY will fall from around 185 to 140 or lower by mid-2027. Notably, EURJPY dropped to 182.45 today as the US Treasury announced a $12.5 billion debt buyback on Thursday. This comes as part of the US Treasury’s plan to buy back bonds using a $1 trillion cash cushion.
JUST IN 🚨: U.S. Treasury is forecasted to buy back $12.5 Billion of their own debt tomorrow pic.twitter.com/AyJBxYGqEn
— Barchart (@Barchart) September 2, 2026
Arthur Hayes claimed that US Treasury Secretary Scott Bessent wants to sell Euros and buy Yen, with the Bank of Japan (BOJ) also looking to hike rates. This will massively increase US dollar liquidity.
Ethereum price is rebounding from a 24-hour low of $2,357, currently trading at $2,415. Trading volume has decreased slightly in the last 24 hours.
Ethena (ENA) and ETHFI to Rally
Arthur Hayes also predicted a massive rally to $0.50 for Ethena (ENA) and $2 for ETHFI. Hayes has repeatedly called Ethereum his top near-term crypto pick, he had invested many times in ENA and ETHFI.
ENA price is trading around $0.153, with an almost 70% rally in a month. Meanwhile, ETHFI is moving near $0.57, down 4.5% today after a 90% rally in the last 3 months. Arthur Hayes pointed to potential three-times rallies if the forecasts materialize.
Recently, Ethena launched Ethena Pay to enter crypto neobanking built on Avalanche that lets users save, spend, transfer and earn with USDe across 48 countries.
Meanwhile, US President Donald Trump is discussing declaring the Iran War over. Trump told aides that continued economic pressure will force the Iranian regime either to dismantle its nuclear program or collapse.
Prediction market traders on Polymarket are pricing roughly a one-in-four odds of Ethereum touching $2,000 during September. The upside is currently more favored, with odds showing a 71% chance the price hits $2500 this month.
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