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    Tron Founder Unveils Ambitious Roadmap to Propel Ethereum to $10,000

    Justin Sun unveils a bold strategy to drive Ethereum's price to $10,000, focusing on transparency and deflationary measures.

    Updated Jan 22, 2025
    Irene Mukiri

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    Irene Mukiri

    Tron Founder Unveils Ambitious Roadmap to Propel Ethereum to $10,000

    Justin Sun, the founder of the Tron blockchain, has revealed a bold strategy to drive Ethereum’s price to $10,000. His plan outlines key shifts in Ethereum’s operational structure, funding mechanisms, and governance. Sun argues these changes could reshape the blockchain’s future, bolstering its value and market position.

    Justin Sun Aims to Make Ethereum Deflationary

    Sun’s strategy prioritizes halting the Ethereum Foundation’s regular ETH sales for three years. Instead of liquidating assets, he proposes relying on staking yields, decentralized lending, and stablecoin-backed loans for operational funding. This shift could support a deflationary ETH supply, increasing investor confidence and price stability.

    The plan also includes substantial taxation on Layer 2 platforms, targeting an estimated $5 billion in annual revenue. These funds would be allocated to purchasing and burning ETH decentralized. Sun believes this aggressive buyback strategy will reduce supply and enhance ETH’s deflationary appeal.

    Sun suggests restructuring the Ethereum Foundation by cutting its workforce while retaining top-tier talent. He sees this as a way to improve efficiency and focus on core priorities like scalability, security, and adoption. Sun aims to optimize resources for ETH’s Layer 1 development by streamlining operations.

    Moreover, he calls for revising Ethereum’s rewards system to reinforce long-term value. Reducing node rewards and increasing fee burns are key elements of this proposal. These measures are designed to maintain a deflationary trend while ensuring the network’s sustainability.

    Ethereum Faces Criticism as Sun Proposes Change

    Sun’s proposal comes amid increased scrutiny of Ethereum’s leadership and strategy. Critics have questioned the Ethereum Foundation’s reliance on ETH sales to fund operations, calling for more innovative funding approaches.

    Meanwhile, rival networks like Solana continue to gain traction, attracting developers and challenging Ethereum’s dominance. Sun’s plan addresses these challenges by focusing on transparency, efficiency, and investor confidence.

    He argues these changes could push ETH’s price to $4,500 in the short term, with $10,000 as a long-term target. Whether Ethereum’s leadership adopts Sun’s vision remains to be seen, but his proposals have sparked fresh debate about the blockchain’s future.

    FAQs

    What is Justin Sun’s proposed target price for Ethereum?

    He aims to drive ETH’s price to $10,000.

    How does Sun propose to fund Ethereum’s operations without ETH sales?

    He suggests using staking yields, decentralized lending, and stablecoin-backed loans.

    What is Sun’s plan for Layer 2 platforms?

    He proposes imposing taxes to generate $5 billion annually for ETH buybacks and burning.

    Irene Mukiri

    Irene Mukiri

    Editor

    Irene Mukiri, a crypto enthusiast and writer, embraces travel. As a digital nomad, she delves into the potential of blockchain technology, showcasing its capacity to unite and empower humanity in her writing.

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