Ethereum's Bright Future: Why Experts See Big Gains Ahead

Ethereum's recent price drop hasn't shaken the confidence of Tom Lee. He thinks the cryptocurrency hit its lowest point last November and is now on the rise. In a recent podcast, Lee shared his thoughts on Ethereum's future. He believes the current low prices are a great chance for big investors to buy more. Lee's company, BitMine, has been buying a lot of Ethereum. They plan to hold over 3. 7 million ETH. He sees this as a smart move, not a sign of trouble. Lee thinks Ethereum could be worth a lot more in the future. He compares it to Bitcoin, saying Ethereum could reach $16, 000 if Bitcoin hits $200, 000. Lee also talks about Ethereum's role in decentralized finance and AI. He thinks these areas could push Ethereum's value into the trillions. For now, he sees current prices as a discount on future growth. BitMine's strategy is similar to MicroStrategy's Bitcoin buys. Lee believes companies with strong digital asset holdings will do well in the long run. He also thinks Ethereum could break out in 2026, thanks to tokenization and new use cases. Looking at the charts, Ethereum has been moving up since November. It's now testing key resistance levels. If it breaks above $3, 350, it could head towards $4, 130. For now, the trend looks positive, with buyers in control.