📣 Why does Tom Lee keep betting on ETH? It's not about calling trades, but betting on the "financial fundamentals."

Recently went through quite a few Tom Lee interviews, gradually piecing together his long-term conviction in Ethereum’s logic. It’s not just a simple “bullish” statement, but a structured judgment. And the key point — he’s not just talking, he’s actually buying.

① ETH is not just a “coin,” but the future financial settlement layer 🏗

ETH is not only a digital currency but also the infrastructure for building and operating DeFi, stablecoins, NFTs, on-chain markets, RWA, and more. Especially in the RWA area, this will be the biggest narrative in the future. Wall Street is bringing trillions of assets (bonds/stocks, etc.) on-chain onto Ethereum. As the dominant settlement layer, this will generate huge demand and push ETH’s value higher. Tokenization is not short-term speculation but a structural shift that will drive ETH’s bull market independently of BTC.

Tom Lee’s core judgment boils down to one sentence:

Ethereum will become the core settlement layer of global finance.

ETH is not just a simple digital currency, but 👇

• The underlying of DeFi
• The main battlefield for stablecoins
• NFT / on-chain markets
• The main network for RWA (real-world asset tokenization)

The focus is on RWA.

Wall Street is gradually moving: 💵 government bonds 📊 stocks 🏦 funds onto the chain, with Ethereum as the primary choice.

This is not a short-term narrative but an infrastructure-level migration. Once trillions of assets start settling on ETH, the demand for ETH will no longer be just “speculative,” but passive usage demand.

Tom Lee’s clear judgment: 👉 tokenization will lead ETH out of a bull market independent of BTC.

② Institutional adoption: crypto is far from “mature” 🧠

A shocking comparison:

• Wallets holding >$1 ten thousand BTC: about 4 million
• Wallets holding similar scale stocks/pension accounts: about 900 million

A gap of over 200 times.

What does this indicate? 👉 Adoption of crypto is still in early stages.

Among all public chains:

• Ethereum has the most developers
• The most stable network
• The most complete ecosystem

More importantly, ETH has real cash flow logic:

• Staking yields
• DeFi usage value
• Future RWA fee income

This makes ETH more like “assets that can be held long-term” for institutions, rather than just a narrative product.

③ Non-consensus is Tom Lee’s consistent “comfort zone” 🧩

If you understand Tom Lee, you’ll notice he loves doing one thing: 👉 entering when “everyone else finds it boring.”

He did similar things in the telecom stocks of the 90s and early internet days.

The current situation is very similar:

• A bunch of OGs shifting to AI
• Many people think crypto “is no longer interesting”
• Sentiment is low, narratives are retreating

Tom Lee’s understanding is: 👉 Industry maturity ≠ opportunity end 👉 Usually means a new wave of users and capital “starting point”

Non-consensus is never about defying the heavens,

but about daring to bet when there’s “no applause.”

④ The most critical point: he’s not just talking, he’s genuinely buying 💰

I think this point is especially important.

Tom Lee is not just bullish on ETH in interviews; he is also the chairman of BitMine (BMNR), and this company 👇

• Holds about 3.86 million ETH
• Accounts for about 3.2% of the total supply
• Aiming for 5% (which is already very aggressive)
• Has USD 1 billion in cash reserves
• Continually buys and earns staking yields

This is not trader operations but a long-term institutional-level bet.

⑤ About price predictions, just listen 📈

Tom Lee himself says that price forecasting is “God’s work,” but his range is roughly:

• Extreme super cycle: 👉 ETH/BTC returns to 0.25 → $62,000
• More realistic judgment: 👉 in 2026, $7,000–$9,000 👉 If RWA truly explodes, even $20,000

He pays more attention to the rhythm: 👉 Bottom confirmation by end of 2025 / early 2026 👉 2026 will be a big year for L1 (especially ETH)

🤔Last, a question for you

If you believe:

• Financial assets will continue to be on-chain
• Stablecoins and RWA will be the main tracks
• Institutions will ultimately need “settle-able and interest-earning” assets

Do you think ETH:

👉 Is “storyless” now,

or “the story is just beginning”?

Share your true thoughts in the comments 👇

#ETH #Ethereum #TomLee #RWA #代币化 #DeFi #加密投资 #BlockchainFinance #CryptoAnalysis