Ethereum up to $5,000: Why Solana’s $300?

After Bitmex co-founder Arthur Hayes predicted that Ethereum would reach this milestone before Solana hits $300, Ethereum heading for $5,000 has become the talk of crypto investors. Currently, amid ongoing volatility in the crypto market, both networks face blockchain scalability challenges, but Ethereum appears to have an advantage in this race.

The potential for growth of Ethereum amid the challenges of volatility in the crypto market and blockchain scalability.

Hayes’ predictions spark controversy

Arthur Hayes recently stoked the crypto community with his bold predictions about Ethereum price trajectory. Many analysts also support his views, citing Ethereum’s institutional support as a more important advantage over Solana. Ethereum’s clearer regulatory pathways could actually contribute to faster price increases than competitors like Solana.

$ eth Up to $5K before $ sol Up to $300. Who is with me?

– Arthur Hayes (@cryptohayes) March 25, 2025

BlackRock’s Major Investments

At $5,000, Ethereum seems more realistic considering BlackRock’s rather important commitment. Their Buidl funds have grown to $1.145 billion as of March 2025, from around $909 million just a week ago. Ethereum makes up a large part of this fund, but it is also allocated to other blockchain platforms such as avalanches and polygons.

Technical signal supports bullish views

From a technical standpoint, Ethereum shows promising signs by bounce back from its long-term ascending support line that dates back to the Covid-19 market crash. Previous rebounds from similar positions resulted in 1,400% and 270% rally. This suggests that despite current crypto market volatility, the $5,000 target can be achieved.

Solana’s challenges

Solana boasts impressive transaction speeds, but the $300 pass has faced a considerable number of obstacles. Network downtime incidents have raised reliability concerns, and these issues seem to limit investor trust. The impact of venture capital firms on Solana’s development has also been raised questionable regarding blockchain scalability and decentralization.

Price forecast

Market forecasts show that Ethereum is expected to trade between $2,064.82 and $5,838.50 throughout 2025, with October showing its best chance. At the same time, Solana is expected to trade between $137.64 and $337.89 over the same period.

CINCODEX analyst mentioned:

“After a bullish display in August, Solana is projected to rise to $302.73 in September. The expected trading range is expected to range from $254.99 to $337.89.

Institutional adoption as an important factor

The main reason why Solana reaches $5,000 before it reaches $300 is institutional adoption. Major financial institutions have added Ethereum to some of their portfolios at the time of writing, creating a steady demand that Solana has not yet achieved. Solana offers technical advantages in terms of speed, but wider acceptance of Ethereum in traditional finance could accelerate price valuations more quickly.