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Tom Lee: ETH's fair price could reach $10,000-20,000 in the next 12 months, and Wall Street will explore staking
2hours ago

According to Odaily Planet Daily, Tomas Lee, Chairman of Bitcoin Treasury Company BMNR, stated in a post on the X platform that Ethereum has outperformed the overall crypto industry since early April. With stablecoins experiencing a "chatGPT moment," Wall Street has flocked to ETH. In the short term, the ETH/BTC exchange rate should at least return to its level of a year ago. The undstrat Capital digital asset team estimates that the fair price of ETH could be around $10,000 to $20,000 within the next 12 months. In the long term, as Wall Street tokenizes real-world assets, it will also begin exploring staking ETH.

(Note: Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.)