• Crypto influencer believes Donald Trump’s victory can push Ethereum to new all-time highs in Q ‘1 2025.
• The upcoming pro-crypto administration prompted ETH to top $4k earlier this month. 
• Layer 2 developments and potential ETF coins are also expected to help ETH rally next year.

Donald Trump’s victory in the 2024 U.S. Presidential election brought optimism to the crypto community, with stakeholders anticipating a pro-crypto administration in the coming years. Trump, who has actively participated in several crypto initiatives, has publicly expressed his support for the industry on numerous occasions.

Crypto Influencer’s Take on ETH in 2025

Eugene Ng Ah Sio, a crypto influencer with a considerable following on X, recently took to the social media platform to outline his Ethereum predictions for next year. According to Eugene, Trump’s crypto-friendly stance and the growth of Ethereum’s Layer 2 networks could push ETH to a new all-time high in early 2025.

” We now enter 2025 with prices materially higher than where they were not too long ago, but with a hope for a new pro-crypto world as the US leads the charge to develop crypto-friendly policy and regulation.”

It is interesting to note that following Trump’s victory in early December, several major cryptocurrencies set off on a bull run, with BTC reaching a new all-time high and ETH crossing the $4k mark after over two years. 

ETH Gains Expected in Q1 2025

As per Eugene, among the major cryptocurrencies in the market, ETH will be the one to benefit the most in Q1 2025. This bullish prediction hinges on three things: technicals, L2 growth, and the Trump effect. 

Looking at price fractals the crypto influencer explained that while BTC bested its previous ATH by 40%, ETH had not managed to top its previous ATH of $4,891.

This underperformance presents an opportunity for ETH, especially as Ethereum ETFs are expected to support its price growth. As far as the Donald Trump effect is concerned, Ethereum has emerged as the top choice, beating rivals like Solana. Trump’s World Financial Liberty (WLFI) crypto project has also been investing in ETH. 

Layer 2 Base’ Role in ETH’s Rise

Base, the Ethereum layer 2 chain affiliated with crypto giant Coinbase, has been arguably the most promising and exciting chain over the past year. Eugene added that Coinbase’s native distribution channels and AI agents developed by the Virtuals Protocol have put Base in the same league as Solana.

Base’s potential growth is expected to increase activities in its ecosystem, which will not only provide positive flows for Ethereum but also create natural demand for ETH, which serves as its base asset. Adding to the prediction, Eugene noted that such developments can push ETH to a new all-time high in the first three months of 2025.