Fundstrat Touts Ethereum as Decade’s Top Trade, Sees $15K Price Target by 2025

Thomas Lee, Fundstrat Capital’s chief information officer, said on Wednesday that artificial intelligence, combined with Wall Street’s growing embrace of blockchain, will drive a massive “token economy” — with Ethereum at its core. “ETH is arguably the biggest macro trade for the next 10 to 15 years as AI creates a token economy on the blockchain and as Wall Street financializes on the blockchain,” Lee stated, pointing to upcoming U.S. regulatory and institutional shifts.

Lee expects the momentum to be fueled by the GENIUS Act’s stablecoin framework and the U.S. Securities and Exchange Commission’s “Project Crypto,” an initiative aimed at modernizing financial oversight for the digital age. He added that most stablecoins and Wall Street blockchain ventures are already being built on Ethereum.

Sean Farrell, Fundstrat’s head of digital asset research, echoed the bullish outlook, saying ETH could hit $12,000–$15,000 this year, leaving “plenty of upside” for investors.

Data from RWA.xyz shows Ethereum currently commands 55% of the $25 billion real-world asset tokenization market. Over the past month, ETH has surged 60% to a four-year high of $4,770 — just 2.5% shy of its 2021 all-time high. Year-to-date, Ethereum has outperformed Bitcoin, gaining 28% compared to Bitcoin’s 18%.

Meanwhile, BitMine Immersion Technologies — the world’s largest Ethereum treasury holder — has ramped up its accumulation strategy, amassing 1.2 million ETH since July. The stash is now worth roughly $5.5 billion, and the firm is targeting a $20 billion raise to expand its holdings. BitMine’s stock (BMNR) has soared 1,300% in the same period, and in July, the company suggested Ethereum’s implied value could eventually reach $60,000.