BitMine’s Tom Lee Sees Ether Hitting $12K By Year-End, With Ethereum Emerging As Wall Street’s Favored Chain ⋆ ZyCrypto

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According to Tom Lee, co-founder of Fundstrat and chairman of Ethereum treasury firm BitMine, Ethereum has emerged as a “truly neutral chain” that he believes will be favored by Wall Street and the Trump White House. 

Lee set $10,000-$15,000 as an end-of-year technical target for ETH.

Ethereum Is Well-Positioned To Hit $12,000 By The End Of 2025

Speaking at Korea Blockchain Week 2025’s Impact conference on Wednesday, Tom Lee tagged Ethereum as the future backbone of both Wall Street and the White House.

Lee described the second-largest blockchain as a “neutral chain” that is resistant to centralization and political bias. He argued that this neutrality is exactly why Wall Street is leaning toward Ethereum.

“The big players of the Wall Street world want to be on neutral and decentralized platforms. Not only Wall Street, but also the White House and Congress are like this,” Lee posited. “The Ethereum network is a neutral network where one person cannot do what they want, and cannot evolve into it…That’s why it is preferred and will be preferred even more.”

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Lee further explained how Washington’s increasing acceptance of crypto under the Trump regime strengthens Ethereum’s position. 

“So when I look at that, combined with agentic AI and robots that are really gonna create the need for a token economy for robots, a lot of that will happen on Ethereum,” Lee said. “In fact, President Trump today just talked about how he needs proof-of-human to protect us, and a lot of that work is going to be done on Ethereum.”

Super bullish price targets accompany Lee’s positive position on Ether. He foresees ETH’s climb to somewhere between $10,000 and $12,000 by the end of 2025. 

BitMine Has $10 Billion Worth Of ETH

BitMine Immersion Technologies has aggressively accumulated 2.42 million ETH (worth approximately $10.1 billion) since the start of July, making it the world’s largest Ethereum treasury company.

The Las Vegas-based firm, which pivoted in May from Bitcoin mining to raising money to buy ETH, now controls more than 2% of Ether’s total supply.

BitMine’s leadership said it ultimately plans to corner 5% of the total ETH supply; that’s worth more than $20 billion at ETH’s current market cap.

Ethereum was recently trading at nearly $4,174.13 per coin, according to crypto data provider CoinGecko, after shedding 0.2% of its value over a 24-hour timeframe.

Lee believes Ether will exceed its previous historic highs, and the altcoin king’s real price discovery will start at $12,000-$15,000. “But I don’t think that would be the ceiling for Ethereum,” Lee opined.



Source: https://zycrypto.com/bitmines-tom-lee-sees-ether-hitting-12k-by-year-end-with-ethereum-emerging-as-wall-streets-favored-chain/