Tom Lee, the CEO of Fundstrat, expects the price of Ethereum (ETH) to reach $15,000 before the end of 2025, based on institutional and technical factors that support this scenario.
This came during a recent interview with CoinDesk, where he expressed his belief that ETH will see a significant price surge in the coming months.
According to Lee, major financial institutions such as JPMorgan and Robinhood are starting to rely on the Ethereum network to operate their infrastructure, making it the preferred choice for Wall Street in the blockchain space.
Mark Newton, the head of technical analysis at Fundstrat, also believes that Ethereum is nearing a breakout of the technical resistance level at $4,000. According to his analyses, surpassing this level could drive the currency to rise to levels between $6,000 and $15,000 by the end of 2025, supported by strong institutional momentum.
