Tom Lee, co-founder and head of research at Fundstrat Global Advisors, emphasized the potential for Ethereum's Ether to reach between $7,000 and $9,000 by early 2026. This forecast is based on the increasing institutional push to tokenize assets, which he discussed during a segment on CNBC’s Power Lunch.
In addition to his bullish outlook on Ether, Lee noted that Ethereum serves as critical financial infrastructure as major players like Robinhood and BlackRock explore onchain settlements and tokenized securities. He believes that these developments could enhance efficiencies in traditional finance, potentially elevating Ether's value to $20,000 in the long term.
Lee, who also chairs BitMine Immersion Technologies, highlighted that the market for tokenized real-world assets (RWAs) has surged to about $18.9 billion this year, a significant increase from $5.6 billion at the beginning of 2025. Currently, Ethereum dominates this sector, hosting over $12 billion in tokenized assets, far ahead of other blockchains.