Tron Founder Justin Sun Predicts ETH Surge to $5K by July 30

Tron founder Justin Sun has sparked excitement in the crypto community by predicting that Ethereum (ETH) could reach $5,000 by July 30, 2025. Sun, who is well-known for his active involvement in crypto markets and his support for ETH through significant purchases, highlighted that the prediction comes at a time when Ethereum is celebrating its 10-year anniversary—a date that also coincides with his birthday. His post emphasized that ETH might see a 10x increase from its current price levels, which are below $2,000. Alongside the bold prediction, the Ethereum Foundation has launched an Ecosystem Support Program to promote global community events, offering financial support of up to $500 per event, with funding applications due by June 15, 2025. While Sun’s forecast has ignited bullish sentiment among investors, some experts caution that ongoing challenges with scalability, high gas fees, and slow transaction speeds may dampen the outlook. Moreover, Sun previously warned about the risks of excessive leverage within the Ethereum ecosystem, underscoring the need for early intervention to avoid potential protocol and decentralized finance issues. Overall, the announcement has triggered enhanced debate and anticipation within the market regarding ETH’s near- and long-term performance.