Arthur Hayes, former CEO of BitMEX, predicts that Ethereum could soar to $20,000 by 2026, driven by liquidity and the expanding crypto markets. Hayes highlights Ethereum's appeal to institutional investors, citing its robust security, strong developer community, and increasing adoption as key factors. In support of this trend, BitMine has recently acquired over 386,000 ETH. Hayes also cautions that most Layer 1 blockchains have inherent flaws that could hinder their longevity, although he notes Solana as a potential contender, albeit still trailing behind Ethereum. Additionally, he emphasizes the role of Countering the Financing of Terrorism (CFT) in shaping future regulatory frameworks for the cryptocurrency sector.