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📌 Tom Lee has set a long-term target for Ethereum — $250,000
Tom Lee is the co-founder of Fundstrat Global Advisors and one of the most public figures at the intersection of Wall Street and the crypto market. At the Proof of Talk conference in Paris, he shared his vision of the future market.
• Lee believes that the market is already in a "crypto spring," despite skepticism and the lack of strong price growth
• The main drivers of the new cycle: the end of the US-Iran conflict, the adoption of the CLARITY law, pro-cryptocurrency policies of the White House, a new Fed chair, and a strong US stock market
• In his opinion, AI agents and robots will dominate the internet, and blockchain will become the foundational infrastructure for their identification and payments
• The volume of tokenized assets in the future could grow to $300 trillion, including real estate, bonds, stocks, land, and gold
• Ethereum could become the main network for tokenizing real assets
• Current market pessimism resembles the cycle's bottom, and a bearish outlook on BTC and ETH may be mistaken
Tom Lee's long-term goal for Ethereum is $250,000. According to him, the main growth drivers are the development of AI, tokenization of real assets, and the expansion of stablecoin use.
$ETH $LDO