Ethereum on the Verge? Tom Lee Turns Ultra Bullish on ETH, Predicts $10K Potential

In a striking pivot, Tom Lee, co-founder of Fundstrat Global Advisors and long-time Bitcoin advocate, has turned his attention to Ethereum (ETH)—becoming one of its most prominent bullish voices as the asset surged to a five-month high of $3,140. Lee now sees Ethereum hitting $5,000 in the short term and potentially surpassing $10,000 long-term, citing a perfect storm of macro tailwinds and increasing blockchain utility.

Jul 16, 2025 - 12:09
Ethereum on the Verge? Tom Lee Turns Ultra Bullish on ETH, Predicts $10K Potential

Key Drivers Behind Ethereum’s Momentum

Catalyst Details
Stablecoin Growth Rising use of USDT, USDC and tokenized dollars boosts ETH demand
Tokenization on Ethereum Wall Street's growing interest in tokenized real-world assets
Macro Liquidity Potential Fed rate cuts could increase inflows into crypto
Technical Breakout Analysts cite consolidation break and RSI trend as bullish signals

Expert Sentiment

  • Tom Lee (Fundstrat): Short-term ETH target of $5,000, with long-term upside exceeding $10,000.

  • Income Sharks: “One of the best-looking charts right now is Ethereum.”

  • DeFi Dad: Predicts ETH may peak between $15,000–$30,000 this cycle.

  • Merlijn The Trader: Ethereum “is screaming breakout.”


Why It Matters for Web3

  • Stablecoin Expansion: Ethereum remains the backbone of USDC and USDT transfers, increasing its transactional utility.

  • Institutional Flow: Tokenization by TradFi giants could bring billions in volume to the Ethereum network.

  • Retail Opportunity: A strong ETH performance may catalyze the next altcoin cycle, as ETH often leads the broader market.


Coinccino Final Take

Tom Lee’s bold forecast places Ethereum at the center of the next market wave, driven by real-world adoption, technical strength, and liquidity cycles. As ETH charts aim for $3,500 and beyond, all eyes are on whether Ethereum can become the digital backbone of global finance—with a $10K+ narrative quickly gaining traction.