Tom Lee: ETH now possesses the properties of a wartime store of value asset, second only to crude oil in performance after the US-Iran conflict

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ME News report: On April 27 (UTC+8), Bitmine Chairman Tom Lee said that since the U.S.-Iran conflict, ETH has outperformed the S&P 500 index by 1,696 basis points, becoming the best-performing single asset globally besides crude oil, and has already acquired the asset attribute of a “wartime store of value.” Tom Lee added that as Wall Street accelerates on-chain tokenization, and as Agentic AI systems’ demand for public, neutral blockchains continues, these will keep providing positive momentum for Ethereum; his baseline expectation is that the current “mini crypto winter” is in its final stage. (Source: ChainCatcher)

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