Tom Lee of
#Bitmine announces that Wall Street and the White House are united behind Ethereum as their blockchain of choice
In a statement that could redefine the future of institutional adoption,
#TomLee , co-founder of Fundstrat and president of BitMine, has labeled
#Ethereum as the "truly neutral chain" preferred by
#WallStreet and the White House. During Korea's Blockchain Week, Lee stated that Ethereum's neutrality is the reason it is gaining the trust of the financial and political sectors.
Lee argues that Wall Street prefers to operate on chains that do not have a perceived "internal advantage," and that Ethereum, unlike other blockchains, fits perfectly into that description.
Support from the Trump Administration: The analyst noted that the White House and Congress, which have become more pro-crypto, are turning to Ethereum as their main chain. This political backing could pave the way for unprecedented mass adoption.
The Future of AI: Lee also connected the rise of artificial intelligence with the future of Ethereum, suggesting that the "token economy for robots" will largely develop on this blockchain.
Optimistic Forecasts: Despite his focus on Ethereum, Lee maintains his optimism about
#bitcoin , predicting it will reach between $200,000 and $250,000 by the end of the year. For Ethereum, he predicts a range of $10,000 to $12,000, with the potential to reach $15,000.
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