Tom Lee Sees Ethereum Reaching $250,000 Long Term as AI, Tokenization Fuel Growth
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Tom Lee, chairman of Ethereum treasury company BitMine Immersion Technologies and co-founder of Fundstrat, set a long-term price target of $250,000 for Ethereum. The call comes as expectations build that artificial intelligence and real-world asset tokenization could drive growth across the Ethereum ecosystem.
Lee told CoinDesk on June 2 at a recent conference that structural changes are underway that could lift Ethereum to $250,000 over time.
AI and tokenization are driving a broad shift in financial infrastructure, he said. That transition could expand the value of the Ethereum network into the trillions of dollars.
Lee also said the era of the Ethereum Foundation is coming to an end. The foundation has spent years reducing its influence over the network and now holds only about 100,000 ETH.
He added that corporate validators will increasingly replace the role once played by the Ethereum Foundation.
On market sentiment, Lee said bearish investors are selling at the bottom and that widespread pessimism could itself be a signal that the market is near a bottom.
As optimism grows around tokenized assets and the stablecoin market tied to Ethereum, some institutions have argued that ETH's long-term value may be higher than its current market valuation implies.
