Tom Lee reiterated probably the most aggressive Ethereum targets in the marketplace, telling attendees at Binance Blockchain Week on December 4 that ETH might ultimately commerce for $62,000 because it turns into the core infrastructure for tokenized finance.
“Okay, now that we’ve talked about cryptocurrencies, let me clarify why Ethereum is the way forward for finance.” Lee mentioned from the stage. He characterised 2025 as Ethereum’s “1971 second,” drawing a direct analogy to when the U.S. greenback left the gold normal and sparked a wave of monetary innovation.
Lee’s paper on Ethereum
“In 1971, the greenback got here off the gold normal. And in 1971, it galvanized Wall Road to create monetary merchandise that may enable the greenback to turn out to be a reserve foreign money,” Lee argued. “By 2025, every part will likely be tokenized. So it’s not simply {dollars} that will likely be tokenized, it’s shares, bonds and actual property.”
In his view, this variation positions ETH as the first settlement and execution layer for tokenized belongings. “Wall Road will as soon as once more leverage this to construct merchandise on sensible contract platforms, and Ethereum is the place they’re constructing this,” he mentioned. “The overwhelming majority, the overwhelming majority of this, is being constructed on Ethereum,” Lee mentioned, pointing to present real-world asset experiments as early proof, including, “Ethereum has gained the sensible contract struggle.”
Lee additionally emphasised that ETH’s market conduct doesn’t but replicate its structural position. “As you understand, ETH has been rangebound for 5 years, as I’ve proven right here, however it’s beginning to escape,” he instructed the viewers. “The rationale we transformed Bitmine into an ETH treasury firm and have become deeply concerned in Ethereum is as a result of we noticed this breakout coming,” he defined to the viewers.
The crux of his valuation case is expressed by means of the ETH/BTC ratio. Lee expects Bitcoin to rise sharply within the close to time period. “I feel Bitcoin will attain $250,000 in a couple of months.” From there, he derives two foremost ETH eventualities:
First, we imagine there may be important upside potential if the ETH/BTC value relationship returns to historic averages. “If the ETH value ratio to Bitcoin returns to its eight-year common, the value of Ethereum could be $12,000,” he mentioned. Second, a extra aggressive case the place ETH rises to 1 / 4 of the value of Bitcoin would hit his long-held goal of $62,000. “In comparison with Bitcoin, if it hits 0.25, it’s price $62,000.”
🔥 TOM LEE ASKS $62,000 $ETH
“I feel Ethereum goes to be the way forward for finance, the cost methodology of the long run, and in comparison with Bitcoin, at 0.25 it’s $62,000. Ethereum at $3,000 is considerably undervalued.” pic.twitter.com/VydvLou9IE
— CryptosRus (@CryptosR_Us) December 4, 2025
Lee connects these ratios on to the tokenization narrative. “If 2026 is all about tokenization, which means the utility worth of Ether ought to rise, so this price is one thing to keep watch over,” he instructed the gang, arguing that valuation ought to monitor rising demand for ETH block house and its position as “the cost rail of the long run.”
He concluded with a pointy evaluation of present ranges. “After all, I feel Ethereum at $3,000 is considerably undervalued.”
At press time, ETH was buying and selling at $3,128.
Featured picture created with DALL.E, chart from TradingView.com
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