Tom Lee said in an interview that Ethereum’s value proposition is gradually moving beyond simply collecting transaction fees. According to Odaily, he said Ethereum does not need to maximize gas fees or extract more value from projects on the network to grow.

He added that ETH is increasingly becoming a store of value asset, with users holding it because of its practical use and potential for appreciation. Lee also said Robinhood chose Ethereum as the infrastructure for related business because of its security and liquidity, rather than low transaction fees.