Tom Lee sees $ETH reaching $25K to $50K this cycle.
The interesting part isn’t the price target itself. It’s the bet behind it.
If tokenization brings more financial assets on-chain, Ethereum could benefit from becoming a major settlement layer for that activity.
But adoption doesn’t automatically translate into ETH price appreciation.
The big question is how much of that growth actually creates demand for ETH.
That’s the part I’d be watching.
The interesting part isn’t the price target itself. It’s the bet behind it.
If tokenization brings more financial assets on-chain, Ethereum could benefit from becoming a major settlement layer for that activity.
But adoption doesn’t automatically translate into ETH price appreciation.
The big question is how much of that growth actually creates demand for ETH.
That’s the part I’d be watching.