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Justin Sun’s Grand Strategy For Ethereum Price: $10,000 Target

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Justin Sun’s Grand Strategy For Ethereum Price: $10,000 Target - NewsBTC

Quick Summary:

As the Ethereum price lingers below its all-time highs (ATHs), TRON founder Justin Sun has emerged with a bold vision aimed at revitalizing the altcoin’s value.  Sun’s Vision For The Ethereum Price In a recent social post on X (formerly Twitter), Sun proposed a plan that he believes could propel the Ethereum price to unprecedented heights, targeting a price of $10,000.

Sun’s strategy hinges on a radical overhaul of the Ethereum Foundation (EF) and the Ethereum protocol itself.  Related Reading: US Bitcoin Reserve: Eric Trump’s Deleted Tweet Raises Eyebrows The TRON founder asserts that under his leadership, immediate and decisive actions could almost double the current price peak for ETH.

By reducing node rewards, Sun believes Ethereum can solidify its deflationary status, reinforcing its position as a store of value.  Related Reading: Cardano Will Reach $1.50 Once The $1.10 Resistance Breaks – Details The focus, according to Sun, would shift exclusively toward Layer 1 (L1) development, prioritizing scalability, security, and broader adoption.


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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-25 @ 02:30:43 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25415767

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 1 posts per day

Year Established: 2013

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News Last Updated: 18 hours ago

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