Permabull Tom Lee of Fundstrat Global Advisors said: approved Ethereum target price $250,000 ($ETH), outlined in a recent report.
Lee, one of Wall Street’s most famous permables, claims the report is a “fresh and comprehensive look” at Ethereum’s future.
To me, this is a fresh and comprehensive look at the importance of Ethereum and @Etherealize_io on the importance of Ethereum. $ETH Coins play an increasingly important role as a unit of exchange
– $250,000 lawsuit $ETH ‼ ️🚨 https://t.co/0IEoNEmwRe pic.twitter.com/dGCWL40NHb
— Thomas (Tom) Lee (not the drummer) FundstratDirect.com (@fundstrat) April 22, 2026
$31 trillion formula
framework for discussion Ethereum Eventually, it will absorb the monetary premium currently dominated by gold and Bitcoin.
Etherealize’s report claims that Ethereum is structurally superior to both. if $ETH A total of $31.5 trillion in premiums was to be collected and divided into approximately $121 million. $ETH The implied price of coins currently in circulation is over $250,000 per coin.
Researchers point to legendary investor Warren Buffett’s (“Oracle of Omaha”) famous critique that gold is completely unproductive. If you hold one ounce of gold for a century, you still only have one ounce. Bitcoin has the exact same limitations.
However, Ethereum generates revenue by holding and staking to secure the network. Stakers earn an annual yield of 2% to 4% generated from network transaction fees and protocol issuance. staking $ETH You don’t have to rely on third parties to stay solvent. In other words, there is no counterparty risk.
“One model destroys resources inefficiently, the other synthesizes them… $ETH “This is the first asset in history to be both a productive asset and a bearer asset,” the report said.
silver lesson
The report compares the future of Bitcoin to the historic demonetization of silver in the late 19th century.
The researchers claim that Bitcoin faces an impending security crisis as mining rewards consistently decrease with each halving.
Conversely, Ethereum’s proof-of-stake (PoS) security model is directly proportional to price. Bad actors need to acquire and put billions of dollars worth of assets at risk. $ETHwill be clipped (destroyed) by the protocol during the attack.

