Ethereum Price Prediction: Could ETH Hit $16,000?
Fundstrat’s Tom Lee has projected that Ethereum (ETH) could soar to $16,000, citing research by Sean Farrell, the firm’s head of digital asset strategy. The prediction hinges on ETH regaining its historic 2017 ETH/BTC ratio peak of 0.14.
In a recent CNBC interview, Lee highlighted that Bitmine’s rising Ethereum accumulation supports a potential rally. If the market sentiment mirrors past cycles, this could drive ETH’s value to quadruple from current levels.
While ambitious, this forecast underscores growing optimism around Ethereum’s long-term potential, fueled by increasing adoption, staking growth, and network upgrades.