TOM LEE OF BITMINE PREDICTS ETHEREUM AT 15,000 DOLLARS: HERE ARE THE REASONS
Tom Lee, co-founder of Fundstrat and now president of BitMine, has made a bold prediction for Ethereum, seeing the cryptocurrency reaching 15,000 dollars by the end of 2025. Lee argues that Ethereum powers 60% of the tokenization of real-world assets, positioning itself as the preferred blockchain of Wall Street.
The motivations behind this prediction include the growing adoption of stablecoins, which Lee compares to the "ChatGPT moment" for cryptocurrencies, and the central role of Ethereum in decentralized finance. BitMine, under Lee's leadership, is adopting ETH as a treasury asset, raising 250 million dollars and replicating the MicroStrategy model for Bitcoin.
Lee highlights how Ethereum's proof-of-stake mechanism could be used by banks to ensure the issuance of stablecoins, making the network even more strategic in the traditional financial ecosystem. This convergence between traditional finance and crypto represents the main catalyst for ETH's growth.
