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Ethereum price could rally to $5,000: Arthur Hayes
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Sep 28, 2026
Ethereum price could nearly double to $5,000 within roughly a year as Robinhood’s use of Ethereum for its blockchain makes the network easier for other large financial institutions to adopt, according to Arthur Hayes.
According to media reports on Sept. 28, Hayes made the prediction during EastPoint: Seoul 2026, where he pointed to Robinhood’s decision to use Ethereum as the security layer behind its blockchain as a potential catalyst for wider institutional use.
Hayes, chief investment officer at Maelstrom and co founder of BitMEX, argued that Robinhood’s decision gives other large financial companies a reference point when considering Ethereum for their own blockchain infrastructure.
He said companies can now point to one of the world’s largest retail financial platforms when making an internal case for building on Ethereum. If that trend gains traction, Hayes expects the narrative around Ethereum to improve and Ether to reach roughly $5,000 within a year.
Ether traded around $2,650 when Hayes made the remarks, meaning a move to his target would require a gain of close to 89%.
Robinhood Chain puts Ethereum at the center of its network
Robinhood Chain gives Hayes a working example of a large financial company using Ethereum infrastructure for products designed around traditional and digital assets.
Robinhood launched the network’s public mainnet on July 1 as an Ethereum Layer 2 built using Arbitrum technology. The company designed the chain for financial services and tokenized real world assets, including equities, exchange traded funds and private assets.
Robinhood’s documentation says the network uses Ethereum blobs for data availability and ETH as its native gas token. Its canonical bridge connects the Layer 2 directly with Ethereum, while withdrawals to the mainnet pass through the standard Arbitrum challenge period.
The brokerage said at launch that the network had integrations with infrastructure providers including Alchemy, BitGo and Chainlink. Uniswap deployed a dedicated automated market maker on the chain as Robinhood expanded its tokenized finance products.
Early activity brought substantial amounts of ETH onto the network. Crypto.news previously reported that bridged Ether crossed $70 million within the first week after launch.
Token Terminal said at the time that continued adoption could turn the network into “a meaningful new source of demand for ETH.” Daily active users had reached 194,000, while Robinhood Chain held 46,748 ETH before its total value locked moved above $100 million.
Uniswap founder Hayden Adams said most transactions on the network were denominated in ETH, describing Ether as its base trading pair, highest volume asset and gas token.
Activity continued after the initial launch period. By August, Robinhood Chain had recorded nearly $9 billion in cumulative decentralized exchange volume, while BitMine Chairman Tom Lee said the brokerage could potentially connect its 27 million customers with Ethereum based financial services.
Lee said Robinhood users paying transaction fees denominated in ETH could expose more everyday investors to Ether as a form of money.
Sources >> Ethereum price could rally to $5,000: Arthur Hayes
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