Tom Lee, that paragon of financial acumen, continues to champion Ethereum, even as the market’s bears growl in dissonance. 🐻❄️ While some analysts croak that Ethereum’s bull run may be over, Lee, that sly fox, sees the token poised for one of the most bullish setups in cryptocurrency history. 🦊
Ethereum, that elusive phoenix, may ascend to $10,000 by year’s end, with long-term aspirations of $60,000 per ETH. Three clandestine catalysts, invisible to the uninitiated retail investor, loom on the horizon. 🚀
Bitmine’s ETH Treasury Strategy
Bitmine, that astute acquirer, recently hoarded 3.34 million ETH, a mere 2.7% of the circulating supply. On October 21, they procured an additional 63,500 ETH, worth approximately $184 million, seizing the opportunity of market dips. 🧠
Bitmine’s strategy, announced in June 2025, demonstrates institutional confidence, a term as vague as a cryptic poem. The company wants to hold a portion of its assets in ETH, positioning it as a big player in the token’s long-term growth. 🏦
Tom Lee’s Track Record and Predictions
Lee, that oracle of markets, has a track record as flawless as a well-timed chess move. In 2018, he prophesied Bitcoin would reach $125,000 by 2022. At the Token 2049 conference, he posited Ethereum could eclipse Bitcoin, transforming ETH into the hub of decentralized finance and real-world asset tokenization. 🎩
He also expects Bitcoin to reach $200,000 to $250,000 by year-end 2025. For Ethereum, Lee expects strong upside, with potential $10,000 to $12,000 by December 2025, and sees $60,000 as a long-term target. 📈
Real-World Assets Driving Growth
The cornerstone of Lee’s Ethereum thesis lies in the tokenization of real-world assets (RWAs). By transmuting assets like real estate, stocks, and bonds onto Ethereum’s blockchain, the network could unlock trillions in value. 🏗️
In the first half of 2025, the RWA market on Ethereum surged from $8.6 billion to $25 billion. This market could reach $10 trillion to $30 trillion by 2030. Fractionalized tokenization could increase transaction volume and revenue, further strengthening Ethereum’s value proposition. 🧮
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2025-10-23 10:07