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Ethereum $5,000? Arthur Hayes Bets on Robinhood Effect

Ethereum to $5,000: Why Arthur Hayes Says Robinhood Just Changed the Game Co-produced by Daniel Aharonoff and DigitalDan As the chief editor of ethdan.me, I've seen my share of bold crypto predictions. Most of them fade by the next news cycle. But every once in a while, a call lands with enough weight behind it that you have to stop and pay attention. That's exactly what happened this weekend in Seoul. Arthur Hayes — the BitMEX co-founder and one of crypto's most closely watched macro minds — just put a number on Ethereum's future: $5,000 within roughly a year . And his reasoning has nothing to do with charts, memecoins, or hype cycles. It has everything to do with Robinhood. What's the big deal? Let me break it down, because this one actually matters. The Prediction Shaking Up Crypto Today Speaking on September 28 at EastPoint: Seoul 2026, Hayes — now chief investment officer at Maelstrom — argued that Ethereum could nearly double from its current price of ar...

Ronin Network's RON Token: Surging Amidst Crypto Market Downturn

Amidst a broader downturn in the cryptocurrency market, characterized by Bitcoin's approach to the $40,000 mark and significant losses for gaming tokens, the performance of the Ronin network's RON token stands out as a beacon of strength. Over the weekend, RON surged to a two-year high, showcasing resilience and potential in a challenging landscape. As an Ethereum sidechain network tailored for gaming, Ronin has garnered attention through popular games like Axie Infinity and Pixels, fostering a notable influx of daily active wallets. Despite a recent 3% dip, the RON token has impressively soared by 325% over the past year, underlining its robust trajectory and investor appeal.

Key Highlights:

  • The cryptocurrency market is witnessing a downturn, with Bitcoin nearing $40,000 and gaming tokens experiencing substantial losses.
  • Ronin network's RON token has displayed remarkable performance, hitting a two-year high following a weekend surge.
  • Ronin, an Ethereum sidechain network focused on gaming, has gained traction through games such as Axie Infinity and Pixels.
  • The network has attracted a significant number of daily active wallets, signaling growing interest and engagement.
  • Despite a recent 3% decrease in value over the past 24 hours, the RON token has surged by an impressive 325% over the last year, showcasing substantial growth and potential in the market.

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