Trump's second son reiterates that ETH should reach $8000, with global M2 expansion as the core driving force | Ethereum price prediction

World Liberty Financial (WLF) Project Leader Eric Trump (Eric Trump) Based on the current global M2 money supply expansion background, it is reiterated that the fair value of Ethereum should be $8000. Although ETH has surged over 150% since the April low, the current price ($3600) is facing pullback pressure, but institutional funds continue to flow in (Spot ETF has seen net subscriptions for 15 consecutive days), strong fundamental demand and the historic growth of M2 (US M2 increased by 4.5% year-on-year to $22.02 trillion) jointly support the long-term bullish logic. Galaxy Digital CEO Mike Novogratz even predicts that ETH's performance this year will surpass Bitcoin.

Trump's second son: Global liquidity supports ETH fair value at $8000

As a long-term staunch supporter of Ethereum, WLF project leader Eric Trump (Trump's second son) recently publicly expressed his bullish stance on ETH again. He cited the research of cryptocurrency analyst Ted Pillows, stating: "Compared to the global M2 money supply growth trajectory, the current price of ETH should be above $8000, which highlights its significantly undervalued status." Trump clearly responded to this viewpoint with "agree."

At the time of this statement, the ETH price experienced a pullback after hitting 3900 USD, influenced in part by the 640,000 ETH large unlock event, but currently found support at the 3600 USD key level.

Record growth of US M2 becomes the liquidity engine for the crypto market

Historical data shows that an expanding global liquidity environment has always been a catalyst for the crypto market. The latest Federal Reserve data indicates that the U.S. M2 money supply grew by 4.5% year-on-year in June, reaching a record $22.02 trillion. This marks not only the 20th consecutive month of growth but also the fastest annual growth rate since July 2022.

Institutional funds continue to flow in, ETH Spot ETF reaches a milestone

The underlying demand for Ethereum remains strong, mainly reflected in:

1. Institutional Capital Inflow: The Spot Ethereum ETF has recorded a net inflow of funds for 15 consecutive days, with a single-day capital absorption of $214 million on July 24.
2. Dominated by Giants: Fidelity's Ethereum ETF (FETH) leads the market, with a single-day inflow of $203 million on Thursday.
3. Milestone Breakthrough: BlackRock's Ethereum ETF has seen total inflows surpass 10 billion USD in less than a year since its launch, making it the third fastest ETF in history to achieve this milestone after IBIT and FBTC.

Industry leaders bullish: ETH's performance is expected to surpass BTC this year

Wall Street veteran and Galaxy Digital CEO Mike Novogratz recently stated that ETH will outperform Bitcoin in the remaining time of the year (BTC). This view echoes the prediction of industry KOL Arthur Hayes—Hayes believes that if the crypto market continues to follow liquidity trends, ETH is expected to reach $10,000 by the end of the year.

Conclusion: Opportunities for Value Reassessment Under the Tidal Wave of Liquidity

Considering the global M2 expansion trend, institutional funds continuing to increase (especially the record inflow of ETH Spot ETF) and the bullish expectations of industry leaders, Ethereum's long-term fundamentals are strongly supported. Although the short-term is impacted by technical pullbacks (unlock event shocks), the $3600 support level still demonstrates market resilience. If the liquidity environment remains stable, ETH's potential to approach the fair value of $8000 pointed out by Trump is worth noting, and investors should closely monitor M2 data trends and ETF fund flow changes.