Tom Lee, Chairman of Bitmine Immersion Technologies (the world’s largest corporate holder of Ethereum), said:$ETH 2.0 paper. ” in which he talks about Ethereum ($ETH) is at a similar inflection point to pre-AWS Amazon and pre-AI boom Nvidia.
Ethereum will be included.”$ETH “2.0 era” in the midst of Wall Street and the introduction of AI
In a recent comment:$ETH That is the cure for the uncanny valley of wealth,” Lee argued for now. $ETH The company is “grossly undervalued” as retailers “are quitting furiously at the bottom.” At press time, $ETH is trading at $1,844, down 46.97% over the past year and 63% below its all-time high of $4,953 in August 2025.
Source: CoinMarketCap
Nevertheless, tokenized products from multi-billion dollar companies such as BlackRock’s BUIDL and JPMorgan’s MONY prove that financial institutions are building on Ethereum’s long-term future.
Moreover, even after the Ethereum Foundation reduced its footprint to just 0.1%, large companies like Bitmine still run the network as validators. $ETHCirculating supply of.
He further supports his bullish case for Ethereum, noting that its security and immutability puts it at the forefront of agent usage in artificial intelligence (AI). He further predicts that Ether will evolve from a speculative coin to a payment rail for automated computing power.
$ETH price target
In the short term, Lee predicts: $ETH It could reach $2,200 by August this year. In the long term, if Bitcoin reaches $250,000, the project is targeting $12,000. This will be facilitated by the rotation of capital away from Bitcoin and the improvement of the current 0.029 Bitcoin. $ETH/BTC exchange ratio.
he added: $ETH It could rise further to $65,000 if it dominates as a global payment network and payment layer for tokenized real world assets (RWA). Additionally, he has set the market cap at $5 trillion and hinted at a multi-year target of $250,000.
