Speaking on the “Bankless” podcast, Lee—known for his long-standing support of Bitcoin—stated:
“Could ETH do 100x? I mean, Joe Lubin sort of has this kind of upside in his mind.”
Lee pointed to Ethereum’s broader utility as a foundation for decentralized applications, smart contracts, tokenization, and even artificial intelligence infrastructure in the U.S.
While Bitcoin remains a store of value or “digital gold,” Ethereum could serve as a transformative infrastructure layer for the future of finance and technology.
Ethereum vs Bitcoin?
Lee highlighted that ETH once traded at a 0.05 BTC ratio, and he believes it could regain that momentum. He’s confident Ethereum is undervalued, placing its true value closer to $6,000 per coin.
In a separate interview on the Coin Stories podcast with Natalie Brunell, Lee emphasized that his bullish stance on ETH doesn’t mean he’s bearish on BTC. Instead, he views them as complementary assets with different purposes.
Institutional Tailwinds and Future Outlook
Lee believes Wall Street is beginning to take tokenization seriously, with Ethereum positioned as the leading network for this shift. This, according to him, marks Ethereum’s “2017 moment.”
At press time, ETH was trading at $3,764.29, up 3.58% in the last 24 hours. Technical indicators such as RSI and MACD supported a bullish trend, although analysts warn of potential short-term corrections.
Whether Ethereum will outperform Bitcoin in the long term remains to be seen, but Tom Lee’s confidence has certainly reignited the discussion around ETH’s future value.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
