Tom Lee said, "Wall Street will choose Ethereum."

Tom Lee, the chairman of the Bitmine company, which has collected 2.4 million Ether since July, expects the rise of cryptocurrencies to continue in the upcoming period. Responding to questions from The Block of the US media at the ongoing Blockchain Week in South Korea, Lee stated that Ethereum is a "neutral chain" that is not in favor of anyone and cannot be converted, and he used the following expressions:

"The major players of Wall Street want to be found on neutral and decentralized platforms. Not just Wall Street, but the White House and Congress as well..."

"The best for artificial intelligence and agents is Ethereum..."

Lee stated that the best option for artificial intelligence, which has been entering our lives more recently, is the Ethereum network, saying, "both artificial intelligence agents and robots will require a token economy. The vast majority of these will be on Ethereum. Trump mentioned the importance of human verification just yesterday. This can be provided most effectively and easily on Ethereum."

Year-end estimate of 10 thousand – 12 thousand…

Lee also reiterated his year-end price predictions. The Bitmine manager stated that he expects a price range of 200 to 250 thousand dollars for Bitcoin and 10 to 12 thousand dollars for Ether.

Lee, who noted that the price discovery range for Ether will be between 12 thousand dollars and 15 thousand dollars, stated that this range is not a ceiling and that it could go even higher.

Published: September 24, 2025 12:54 Last Updated: September 24, 2025 12:57