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While the price of Ethereum remains below its highest historical (ATH), the founder of Tron, Justin Sun, emerged with a daring vision aimed at revitalizing the market. The value of the Altcoin.
Sun’s vision for the price of Ethereum
In a recent socialization On X (formerly Twitter), Sun proposed a plan which, according to him, could propel the price of Ethereum to unprecedented peaks, aimed at a price of $ 10,000. Sun’s strategy is based on a radical overhaul of the Ethereum (EF) Foundation and the Ethereum protocol itself.
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The founder of Tron claims that under his direction, immediate and decisive actions could almost double the current peak of the ETH prices. One of its main proposals is to stop the Ethics sale for at least three years. In doing so, Sun aims to stabilize the supply of money and strengthen market confidence.
To cover operational costs during this period, Sun suggests taking advantage of Aave (Aave) loans, stable bets and borrowing, thus guaranteeing that ETH offer remains intact while aligning on the deflationary objectives .
In addition to stopping sales, Sun proposes to impose important taxes on Layer 2 (L2) Projects. He thinks that this decision could generate at least 5 billion dollars per year for Ethereum, either in stable pieces, or in tokens.
The income of these taxes would be used to buy and burn ethors in a decentralized manner, thus strengthening rarity and potentially increasing demand.
Important personnel discounts to transform the Ethereum Foundation into meritocracy
In its publication on social networks, Sun also underlined the need to rationalize operations within the Ethereum Foundation. He suggests a significant reduction in personnel, keeping only the members of the most competent team.
Those who remain will receive substantial salary increases, making the Ethereum Foundation an organization based on merit which rewards high performance.
In addition, the founder of Tron calls for adjustments in the rewards of the nodes and a greater concentration on remuneration mechanisms. By reducing the nodes awards, Sun thinks that Ethereum can consolidate its deflationary status, thus strengthening its value reserve position.
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According to Sun, the emphasis would be put exclusively on the development of layer 1 (L1), by giving priority to scalability, security and broader adoption.
Sun is convinced that these initiatives could lead the price of Ethereum to exceed $ 4,500 during the first week of implementation, thus laying the foundations for long -term success.
Although this represents only Sun’s vision for the price of Ethereum, any of these proposals, if it is viable to advance Altcoin, could ultimately be adopted by co-founders or developers of The platform.
When writing these lines, the price of Ethereum oscillates around the $ 3,200 mark, reflecting a loss of 4 % in the last 24 hours. This drop has widened the difference between the current price and its Ath $ 4,878, a difference of 34.5 %.
Dall-e star image, tradingView.com graphic
