This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Fundstrat’s Tom Lee predicts Ethereum (ETH) could surge to five figures, driven by the explosive growth of stablecoins. He sees ETH hitting $5,000 soon and potentially $10,000 long-term, comparing its valuation to Circle’s metrics. Stablecoin adoption on Ethereum is fueling this bullish outlook.
- Fundstrat's Tom Lee predicts ETH could hit $10,000 long-term, comparing its valuation to Circle's 100x EBITDA multiple.
- Stablecoin adoption, largely on Ethereum, could grow from $250B to $2T, driving exponential demand for ETH.
- Near-term, Fundstrat analysts see a 20% upside for ETH, targeting $3,300-$5,000 in the coming months.
📎 Related coverage from: dailyhodl.com