Arthur Hayes, former CEO of BitMEX and one of crypto’s most outspoken figures, has sparked fresh market interest with his latest predictions. After forecasting Bitcoin to reach $110,000, Hayes turned his attention to Ethereum and Solana, suggesting ETH will hit $5,000 before SOL reaches $300.
In a March 25, 2025 post on X, Hayes laid out his view that Ethereum would rally by approximately $3,000, while Solana could gain around $140. This comes during a relatively flat period in the crypto market, where major assets are trading sideways.
At the time of his post, Ethereum was trading near $2,068, while Solana hovered around $142.14. Bitcoin, on the other hand, was holding steady near $87,190. Despite the lack of immediate market movement, Hayes’ speculative yet calculated forecast has caught the attention of investors and analysts alike.
Hayes Sees Fed Policy as the Driving Force
What makes Hayes’ forecast stand out isn’t just the numbers, but the rationale behind them. Known for his provocative calls, Hayes linked his expectations to future decisions by the Federal Reserve. In his view, dovish monetary policy could drive liquidity back into risk assets, with Ethereum leading the charge in the altcoin space.
He previously predicted that Bitcoin would rise to $110,000 before retesting $76,500 — a move he sees as a necessary shakeout before a major rally. Ultimately, Hayes believes BTC could reach as high as $250,000 if macroeconomic conditions align.

Ethereum vs. Solana: Who’s Outperforming?
Looking at recent performance, Solana has been outpacing Ethereum in short-term growth. Over the past week, Solana gained over 14.5%, while Ethereum’s weekly rise was around 9.4%. On a monthly basis, Ethereum has dropped by more than 26%, while Solana’s losses were more moderate at approximately 16.7%.
From a year-on-year perspective, Ethereum has seen a decline of about 40%, whereas Solana appears to be recovering more quickly. Despite this, Ethereum remains significantly larger in terms of market capitalization, valued at over $250 billion, with a 24-hour trading volume of $12.4 billion. Solana, by comparison, holds a market cap of around $72.8 billion and a daily volume of $3.67 billion.

Final Thoughts
Arthur Hayes’ prediction that Ethereum will reach $5,000 before Solana touches $300 reflects not only confidence in ETH’s long-term positioning but also broader expectations about macroeconomic shifts. Whether or not the forecast comes true, it serves as a reminder that crypto markets can pivot quickly — especially when seasoned investors place bold bets.
As Turkish NY Radio highlights, keeping a close eye on institutional commentary and economic indicators remains essential for crypto investors navigating these unpredictable waters.