ChainCatcher message, according to CCN reports, Tom Lee, chairman of the Ethereum treasury company BitMine, stated during the Binance Blockchain Week event that Bitcoin adoption could surge by 200 times. He pointed out that globally, only 4.4 million wallets hold more than $10,000 in Bitcoin, while 900 million retirement accounts exceed this amount. If these funds are allocated to Bitcoin, it will create significant growth potential.
Tom predicts that the traditional four-year cycle of Bitcoin is about to be broken, stating that the coming weeks may rewrite historical rhythms. He believes that the decline since October is mainly due to deleveraging rather than the halving cycle, and noted that despite the weakness in the crypto market, gold has risen 61% year-to-date, and the S&P 500 has increased nearly 20%.
Tom emphasized that tokenization will become the dominant trend, with Wall Street planning to put nearly ten trillion dollars of financial products on-chain. He stated that Ethereum is the future of finance and the core of tokenization, and pointed out that the BlackRock Bitcoin ETF has become one of its top five fee-generating products.
