Donald Trump’s victory in the 2024 U.S. Presidential election has sparked optimism in the crypto community, anticipating a pro-crypto administration. Trump, known for his involvement in crypto initiatives, has shown support for the industry multiple times.
Crypto Influencer’s Take on ETH in 2025
Eugene Ng Ah Sio, a notable crypto influencer on X, shared his Ethereum predictions for 2025. He believes Trump’s supportive stance and the expansion of Ethereum’s Layer 2 networks could lead ETH to achieve a new all-time high early in 2025.
> “We now enter 2025 with prices materially higher than where they were not too long ago, but with a hope for a new pro-crypto world as the US leads the charge to develop crypto-friendly policy and regulation.”
Following Trump’s victory in December, a bull run was observed in major cryptocurrencies, with BTC hitting new heights and ETH surpassing the $4k mark after two years.
ETH Gains Expected in Q1 2025
Eugene projects that ETH will benefit the most from Q1 2025, relying on technical analysis, Layer 2 growth, and the Trump effect. Given that while BTC surged past its previous all-time high by 40%, ETH has yet to exceed its former high of $4,891, the crypto influencer sees a chance for ETH to rebound, especially as Ethereum ETFs are anticipated to promote price growth. He also noted that Ethereum stands as the favored option, surpassing competitors like Solana. Furthermore, Trump’s World Financial Liberty (WLFI) project is investing in ETH.
Layer 2 Base’ Role in ETH’s Rise
Coinbase’s Base, an Ethereum Layer 2 chain, has reportedly become one of the most promising elements in the past year. Eugene highlighted that the combination of Coinbase’s distribution channels and AI advancements from the Virtuals Protocol places Base on par with Solana.
He believes the growth within Base’s ecosystem will foster positive activity for Ethereum and naturally create demand for ETH, its foundational asset. He posits that such advancements could bolster ETH’s price, potentially reaching a new all-time high in the early months of 2025.
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