$PAXG. and the current sky-high price of silver $XAU. This rally will see Bitcoin and Ethereum make a strong comeback as it somewhat stabilizes.
Why Ethereum will win: At the 2026 conference in Davos, he emphasized that large financial institutions are now building their systems on the Ethereum network. As tokenization and the use of smart blockchains increase, price growth is just a matter of time.
Price Target: Tom Lee sees the possibility of Ethereum's price reaching between $7,000 and $9,000 in early 2026. In the long run, he expects Ethereum to go as high as $12,000 to $25,000.
Investment Strategy: He believes that if there is a major correction in the market in 2026, it will be the best opportunity to buy the dip. His company Bitmine is currently one of the largest Ethereum holders in the world.
What could happen to his fate?
Tom Lee is considered one of Wall Street's best 'perma-bulls' (always positive). Many of his past predictions have proven to be correct. If institutional adoption continues this way, he will establish himself as one of the most successful strategists in the crypto world. However, if the market suffers a major crash for any reason, his massive Ethereum holdings could be at risk.
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