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‘Most-Hated L1’: Arthur Hayes Thinks Ethereum Could Double in Price This Year

Saipriya pradhan22 hours ago01 mins

BitMEX founder Arthur Hayes sees plenty of upside for Ethereum this year following a recent price surge—here’s why.

BitMEX founder Arthur Hayes sees plenty of upside for Ethereum this year following a recent price surge—here’s why. , Markets Decrypt

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Bitcoin(BTC)$104,797.00-1.07%
Ethereum(ETH)$2,578.59-2.40%
Tether(USDT)$1.000.01%
XRP(XRP)$2.20-2.68%
BNB(BNB)$666.24-1.27%
Solana(SOL)$160.58-3.77%
USDC(USDC)$1.000.01%
Dogecoin(DOGE)$0.200680-7.34%
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TRON(TRX)$0.270684-1.83%
Lido Staked Ether(STETH)$2,576.07-2.50%
Wrapped Bitcoin(WBTC)$104,726.00-1.10%
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Chainlink(LINK)$14.31-5.89%
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WETH(WETH)$2,577.24-2.47%
Litecoin(LTC)$88.67-5.59%
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Polkadot(DOT)$4.19-5.33%
Monero(XMR)$334.04-0.70%
Binance Bridged USDT (BNB Smart Chain)(BSC-USD)$1.00-0.51%
Bitget Token(BGB)$4.84-7.50%
Pepe(PEPE)$0.000013-6.32%
Ethena USDe(USDE)$1.000.06%
Pi Network(PI)$0.68-4.72%
WhiteBIT Coin(WBT)$31.420.59%
Coinbase Wrapped BTC(CBBTC)$104,773.00-1.13%
Dai(DAI)$1.00-0.03%
Uniswap(UNI)$6.50-2.89%
Aave(AAVE)$253.58-0.52%
Bittensor(TAO)$394.28-5.93%
Aptos(APT)$4.98-3.91%
NEAR Protocol(NEAR)$2.53-8.74%
Cronos(CRO)$0.1026178.07%
OKB(OKB)$50.80-2.00%
Jito Staked SOL(JITOSOL)$193.39-3.83%
Ethena Staked USDe(SUSDE)$1.170.10%
BlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
Tokenize Xchange(TKX)$34.49-2.09%
Ondo(ONDO)$0.85-6.04%
Internet Computer(ICP)$5.00-4.72%
Ethereum Classic(ETC)$17.48-3.83%
Kaspa(KAS)$0.092041-5.16%
Gate(GT)$19.59-2.24%
sUSDS(SUSDS)$1.050.02%
Mantle(MNT)$0.67-3.74%
Official Trump(TRUMP)$11.29-5.48%
USD1(USD1)$1.00-0.53%
VeChain(VET)$0.024843-4.79%
Render(RENDER)$3.98-6.39%
Artificial Superintelligence Alliance(FET)$0.79-8.27%
Cosmos Hub(ATOM)$4.43-4.99%
Lombard Staked BTC(LBTC)$103,768.00-1.90%
POL (ex-MATIC)(POL)$0.214973-4.79%
Fasttoken(FTN)$4.440.41%
Ethena(ENA)$0.322236-14.28%
Worldcoin(WLD)$1.21-8.45%
Filecoin(FIL)$2.59-6.06%
Arbitrum(ARB)$0.356791-11.90%
Algorand(ALGO)$0.200500-5.22%
First Digital USD(FDUSD)$1.000.10%
Jupiter(JUP)$0.55-3.49%
Quant(QNT)$109.13-4.28%
Binance-Peg WETH(WETH)$2,577.32-3.14%
Jupiter Perpetuals Liquidity Provider Token(JLP)$4.49-1.46%
Celestia(TIA)$2.31-7.77%
Binance Staked SOL(BNSOL)$169.37-4.38%
KuCoin(KCS)$11.27-0.20%
Virtuals Protocol(VIRTUAL)$2.09-5.69%
Bonk(BONK)$0.000017-9.00%
USDT0(USDT0)$1.00-0.06%
Sonic(S)$0.405775-6.81%
Injective(INJ)$13.17-6.20%
Rocket Pool ETH(RETH)$2,929.94-2.51%
NEXO(NEXO)$1.22-1.23%
Kelp DAO Restaked ETH(RSETH)$2,696.86-2.25%
Stacks(STX)$0.78-5.05%
Flare(FLR)$0.017621-2.20%
Optimism(OP)$0.67-9.43%
Story(IP)$3.99-4.34%
Fartcoin(FARTCOIN)$1.09-10.93%
Sei(SEI)$0.201137-5.49%
Immutable(IMX)$0.57-7.66%
EOS(EOS)$0.68-7.07%
Binance Bridged USDC (BNB Smart Chain)(USDC)$1.00-0.58%
Solv Protocol BTC(SOLVBTC)$104,295.00-1.68%
XDC Network(XDC)$0.060462-3.60%
SPX6900(SPX)$1.04-3.55%
dogwifhat(WIF)$0.96-9.22%
Mantle Staked Ether(METH)$2,748.67-2.30%
Curve DAO(CRV)$0.69-6.54%
The Graph(GRT)$0.096907-8.84%
Maker(MKR)$1,580.52-5.24%
Wrapped BNB(WBNB)$666.43-1.96%
Arbitrum Bridged WBTC (Arbitrum One)(WBTC)$104,696.00-1.04%
Jupiter Staked SOL(JUPSOL)$178.61-3.75%
Polygon Bridged USDT (Polygon)(USDT)$1.000.01%
Renzo Restaked ETH(EZETH)$2,711.13-2.45%
FLOKI(FLOKI)$0.000088-10.37%
PayPal USD(PYUSD)$1.00-0.01%
StakeWise Staked ETH(OSETH)$2,702.08-2.30%
DeXe(DEXE)$14.474.66%
clBTC(CLBTC)$105,214.00-1.62%
Tether Gold(XAUT)$3,295.52-0.66%
Lido DAO(LDO)$0.89-3.34%
PAX Gold(PAXG)$3,304.78-0.68%
Zcash(ZEC)$49.26-7.71%
GALA(GALA)$0.017449-6.99%
Theta Network(THETA)$0.77-7.68%
JasmyCoin(JASMY)$0.015871-5.91%
PancakeSwap(CAKE)$2.37-9.12%
Marinade Staked SOL(MSOL)$208.12-3.78%
Raydium(RAY)$2.58-9.74%
Core(CORE)$0.74-4.20%
Ethereum Name Service(ENS)$21.71-6.89%
IOTA(IOTA)$0.186455-6.26%
The Sandbox(SAND)$0.281920-5.04%
BitTorrent(BTT)$0.000001-3.89%
Pyth Network(PYTH)$0.119383-7.20%
Walrus(WAL)$0.52-5.33%
Pudgy Penguins(PENGU)$0.010866-5.99%
Bitcoin SV(BSV)$34.06-3.71%
Stables Labs USDX(USDX)$1.000.02%
Solv Protocol Staked BTC(XSOLVBTC)$104,115.00-1.17%
OUSG(OUSG)$111.230.01%
Pendle(PENDLE)$4.03-7.54%
Kaia(KAIA)$0.108814-3.41%
Usual USD(USD0)$1.000.02%
Polyhedra Network(ZKJ)$2.01-0.64%
Helium(HNT)$3.36-5.90%
Tezos(XTZ)$0.59-4.89%
THORChain(RUNE)$1.72-7.41%
Flow(FLOW)$0.371853-5.51%
L2 Standard Bridged WETH (Base)(WETH)$2,578.30-2.40%
Ondo US Dollar Yield(USDY)$1.08-0.88%
Onyxcoin(XCN)$0.017073-2.41%
Brett(BRETT)$0.057496-8.72%
Super OETH(SUPEROETH)$2,577.05-2.43%
Ket(KET)$0.55-5.08%
Grass(GRASS)$1.91-7.48%
Jito(JTO)$1.64-10.03%
ApeCoin(APE)$0.67-3.84%
cgETH Hashkey Cloud(CGETH.HASHKEY)$2,650.45-3.70%
Mantle Restaked ETH(CMETH)$2,747.34-2.48%
Decentraland(MANA)$0.278964-7.62%
Saros(SAROS)$0.198986-7.06%
Binance-Peg Dogecoin(DOGE)$0.200846-7.73%
Avalanche Bridged BTC (Avalanche)(BTC.B)$104,799.00-1.01%
SyrupUSDC(SYRUPUSDC)$1.100.01%
Arbitrum Bridged WETH (Arbitrum One)(WETH)$2,577.37-2.42%
KAITO(KAITO)$2.05-5.45%
Zebec Network(ZBCN)$0.006152-0.40%
TrueUSD(TUSD)$1.000.20%
Aethir(ATH)$0.0540149.22%
tBTC(TBTC)$105,028.00-0.79%
Bridged USDC (Polygon PoS Bridge)(USDC.E)$1.000.01%
Beldex(BDX)$0.0641160.69%
Livepeer(LPT)$11.05104.13%
Wrapped HYPE(WHYPE)$34.097.34%
MultiversX(EGLD)$15.69-8.89%
Kava(KAVA)$0.408332-2.41%
dYdX(DYDX)$0.57-7.81%
Aerodrome Finance(AERO)$0.53-6.87%
Arweave(AR)$6.69-6.94%
Eigenlayer(EIGEN)$1.43-12.29%
NEO(NEO)$6.13-5.14%
Dog (Bitcoin)(DOG)$0.004306-11.13%
Starknet(STRK)$0.137672-9.23%
AIOZ Network(AIOZ)$0.363067-13.71%
Axie Infinity(AXS)$2.62-7.24%
pumpBTC(PUMPBTC)$102,738.00-0.35%
Reserve Rights(RSR)$0.007314-6.74%
APENFT(NFT)$0.000000-2.08%
eCash(XEC)$0.000021-3.46%
USDB(USDB)$1.010.92%
Circle USYC(USYC)$1.090.00%
Conflux(CFX)$0.079212-8.05%
Ronin(RON)$0.61-10.31%
MimbleWimbleCoin(MWC)$35.88-0.21%
Wormhole(W)$0.085409-11.33%
USDD(USDD)$1.000.00%
ether.fi Staked ETH(EETH)$2,573.50-2.32%
Mog Coin(MOG)$0.000001-9.21%
Mantle Bridged USDT (Mantle)(USDT)$1.000.01%
Maple Finance(SYRUP)$0.364245-5.30%
Ether.fi(ETHFI)$1.19-10.86%
Falcon USD(USDF)$1.000.27%
Chiliz(CHZ)$0.039734-6.92%
DeepBook(DEEP)$0.152751-8.65%
Stader ETHx(ETHX)$2,730.17-2.57%
Movement(MOVE)$0.147141-9.02%
Staked HYPE(STHYPE)$34.267.23%
BUILDon(B)$0.373440-2.55%
Morpho(MORPHO)$1.36-3.60%
Compound(COMP)$40.98-3.08%
Popcat(POPCAT)$0.377354-7.91%
Sun Token(SUN)$0.019134-1.77%
Telcoin(TEL)$0.003939-1.28%
Akash Network(AKT)$1.32-5.57%
Coinbase Wrapped Staked ETH(CBETH)$2,837.84-2.45%
Plume(PLUME)$0.1472591.19%
Ether.fi Staked BTC(EBTC)$104,634.00-1.19%
Beam(BEAM)$0.006675-9.20%
Gnosis(GNO)$131.24-3.12%
Amp(AMP)$0.004093-8.02%
Safe(SAFE)$0.59-2.79%
Swell Ethereum(SWETH)$2,809.14-2.44%
Polygon Bridged WBTC (Polygon POS)(WBTC)$104,752.00-1.15%
Trust Wallet(TWT)$0.80-3.52%
JUST(JST)$0.033476-3.81%
Olympus(OHM)$19.910.00%
Polygon(MATIC)$0.215082-4.85%
Polygon PoS Bridged WETH (Polygon POS)(WETH)$2,579.64-2.45%
Wrapped AVAX(WAVAX)$21.25-5.80%
Terra Luna Classic(LUNC)$0.000059-3.79%
Legacy Frax Dollar(FRAX)$1.000.03%
Frax Ether(FRXETH)$2,577.21-2.57%
Bybit Staked SOL(BBSOL)$174.28-3.61%
Binance-Peg BUSD(BUSD)$1.00-0.56%
SuperVerse(SUPER)$0.69-8.57%
Global Dollar(USDG)$1.000.12%
Cheems Token(CHEEMS)$0.000002-2.22%
Ripple USD(RLUSD)$1.000.00%
MANTRA(OM)$0.319122-15.90%
Liquid Staked ETH(LSETH)$2,784.43-2.56%
Turbo(TURBO)$0.004447-11.97%
Axelar(AXL)$0.324723-2.90%
1inch(1INCH)$0.217402-7.87%
cat in a dogs world(MEW)$0.003244-10.77%
Berachain(BERA)$2.39-12.76%
Creditcoin(CTC)$0.63-5.56%
Theta Fuel(TFUEL)$0.04077310.67%
BENQI Liquid Staked AVAX(SAVAX)$28.711.92%
Keeta(KTA)$0.71-0.35%
Venom(VENOM)$0.13614424.77%
Aave USDC (Sonic)(ASONUSDC)$1.000.01%
Arkham(ARKM)$0.67-3.45%
SafePal(SFP)$0.561.53%
Baby Doge Coin(BABYDOGE)$0.000000-0.55%
Gigachad(GIGA)$0.02900631.56%
Notcoin(NOT)$0.002715-3.42%