Arthur Hayes Declares Ethereum Season: DeFi and NFT Boom Imminent

17 July, 2025, 09:29 AM

BitMEX co-founder Arthur Hayes has ignited excitement in the crypto community with his bold declaration: "The Ethereum (ETH) season has begun." Hayes signaled his conviction by updating his X profile picture to a CryptoPunk, a strong indicator of his belief in the resurgence of NFTs. His statement goes beyond just Ethereum's price appreciation, hinting at a broader revival of the decentralized finance (DeFi) and non-fungible token (NFT) sectors. Hayes added, "DeFi and NFT boom is coming," suggesting a renewed wave of innovation and investment in these areas. This endorsement from a respected figure like Hayes could be a catalyst for increased attention and capital flow into Ethereum-based projects. Investors are keenly watching for signs of this potential boom, seeking opportunities in the evolving DeFi and NFT landscapes. The coming months will be crucial in determining if Hayes' prediction materializes. ```