Tom Lee reiterated probably the most aggressive Ethereum targets in the marketplace, telling attendees at Binance Blockchain Week on December 4 that ETH may finally 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 might permit the greenback to turn out to be a reserve foreign money,” Lee argued. “By 2025, the whole lot shall be tokenized. So it’s not simply {dollars} that shall be tokenized, it’s shares, bonds and actual property.”
In his view, this alteration positions ETH as the first settlement and execution layer for tokenized property. “Wall Road will as soon as once more leverage this to construct merchandise on good 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 received the good contract struggle.”
Lee additionally emphasised that ETH's market conduct doesn’t but replicate its structural function. “As you understand, ETH has been rangebound for 5 years, as I’ve proven right here, however it’s beginning to get away,” 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 via the ETH/BTC ratio. Lee expects Bitcoin to rise sharply within the close to time period. “I believe Bitcoin will attain $250,000 in just a few months.” From there, he derives two foremost ETH eventualities:
First, we imagine there’s vital upside potential if the ETH/BTC worth relationship returns to historic averages. “If the ETH worth 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 value $62,000.”
🔥 TOM LEE ASKS $62,000 $ETH
“I believe Ethereum goes to be the way forward for finance, the cost technique 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, meaning the utility worth of Ether ought to rise, so this fee is one thing to keep watch over,” he instructed the gang, arguing that valuation ought to monitor rising demand for ETH block area and its function as “the cost rail of the long run.”
He concluded with a pointy evaluation of present ranges. “After all, I believe 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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