Tom Lee, the big name from Fundstrat, has come out with another bold prediction. This time, the target is pretty aggressive—he thinks ETH at its current $3,000 price point? Seriously undervalued.

What’s even more staggering is that this guy threw out a long-term target price of $62,000. Yes, you read that right—sixty-two thousand.

Of course, that number does sound wild. But his reasoning isn’t just baseless hype: Ethereum’s ecosystem is continuously upgrading, the deflationary mechanism is up and running, and real-world applications are gradually being implemented. Some institutions do remain confident in these long-term narratives.

But at the end of the day, whether ETH can actually reach that price depends on two things: first, if the network can deliver the expected performance; and second, if the macro environment doesn’t drag things down. After all, no matter how good the story is, the market still has to buy in.

Do you think this target price is realistic? Or is it just another pipe dream?