Tom Lee, co-founder of Fundstrat and well-known for his accurate crypto market calls, sees the SEC’s new “Project Crypto” initiative as a potential game-changer for Ethereum.
The program, jointly launched with the White House, is designed to bring more of the U.S. financial system on-chain — a move Lee says could usher in a “golden age of finance” with Ethereum at the center.
Lee pointed out that ETH has been steadily gaining ground against Bitcoin since April, with the ETH/BTC ratio climbing thanks to growing institutional interest.
He likened the surge in stablecoin activity on Ethereum to a “ChatGPT moment” for the network, underscoring its position as the largest smart contract platform and one of the most regulation-compliant blockchains in the U.S.
He also noted Ethereum’s flawless uptime since launch and highlighted that major players, including Robinhood, prefer ETH for tokenization projects.
In the near term, Lee sees the ETH/BTC ratio returning to 0.0500 — the level reached last year — which, with Bitcoin at $114,000, would place Ethereum’s price near $5,707. Longer-term, Fundstrat’s digital asset team forecasts ETH reaching a fair value between $10,000 and $20,000 within the next 12 months.
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Editorial Team
Reporter at Coindoo
Source: https://coindoo.com/mega-bullish-ethereum-price-prediction-from-tom-lee/