Ethereum Bull Tom Lee Speaks About ETH: Says It’s Chance to Surpass Bitcoin
In a broadcast where Tom Lee was a guest, the potential of Ethereum and its role in the cryptocurrency world was discussed.
One of the focal points of the debate was Bitcoin mining company Bitmine Immersion's shift to holding Ethereum as a treasury asset, a move the company described as an “asset-light” model that doesn't require capital expenditure.
Lee's company, Funstrat, is also reportedly working with the ETH Foundation to encourage Wall Street to embrace the new technology. Lee emphasized the importance of using blockchain to make Wall Street faster and more efficient, saying that much of this is happening on ETH.
He noted that companies like Robinhood are using ETH for tokenized products, particularly thanks to Ethereum's smart contract platform and Ethereum Virtual Machines (EVMs) for smart programs and contracts.
He also reported that 60% of the stablecoin boom occurred in ETH and that the network value could rise from $250 billion to $4 trillion.
It was also stated that ETH offers a 3% local yield thanks to its Proof-of-Stake model, and Bitmine’s $6.6 billion Ethereum holdings have the potential to generate more than $200 million in net income.
Tom Lee predicts there's a 50% chance Ethereum's network value will surpass Bitcoin's within a few years. He said he thinks ETH is going through a period similar to 1971, the year the US dollar left the gold standard.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WLFIUSDT now launched for pre-market futures trading
Bitget pre-market trading: World Liberty Financial (WLFI) is set to launch soon
New spot margin trading pair — SAPIEN/USDT!
Bitget Will Delist MKR on 2025-08-22
Trending news
MoreCrypto prices
More








