Ethereum may be on the verge of a rally similar to Bitcoin’s historic 2017 surge, according to Fundstrat co-founder Tom Lee. He believes three key developments could lift ETH from its current $3,700 to over $30,000.
Lee highlights regulatory approval for stablecoins as the first major catalyst, boosting confidence in the Ethereum ecosystem. The second factor is SEC support for moving finance onto blockchain, which could accelerate the adoption of Ethereum-based solutions. The third is major institutions like JPMorgan and Robinhood building products on Ethereum, further fueling institutional interest.
He also sees AI integration and corporate reserve strategies as potential multipliers for ETH’s price. A major corporation holding Ethereum as a reserve asset — an “Ethereum MicroStrategy” — could push prices up far faster than expected.
Known for his bold predictions, Lee envisions Ethereum becoming the “center of digital finance” in the coming years, potentially triggering the next major crypto bull run.