Tom Lee Predicts Ethereum Will Surpass Bitcoin by 2025
Tom Lee discussed the potential for Ethereum to surpass Bitcoin by becoming dominant in a world of tokenized assets, while remaining optimistic about Bitcoin's monetary role and long-term value.
- Lee compared the current financial landscape to the post-1971 era when the US abandoned the gold standard, leading to an expansion of dollar-based financial products.
- He suggested that Ethereum could capture significant activity through its smart contract capabilities as the economy shifts towards tokenization, similar to how equities grew after 1971.
- Despite his belief in Ethereum's potential, Lee remains bullish on Bitcoin, predicting it could reach a value between $1.5 to $2.1 million.
- Lee views Bitcoin as "digital gold" and Ethereum as a platform for financial innovation.
- At the time of reporting, ETH was priced at $3,750.
