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- Tom Lee predicts Ethereum could reach $62K by 2035, a 1,257% surge.
- Stablecoins and AI adoption may accelerate Ethereum’s growth.
- Around 16 ETH could make an investor a millionaire at that price target.
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Tom Lee, chairman of Bitmine Immersion Technologies—the largest holder of Ethereum—has set an ambitious target for the world’s second-largest cryptocurrency. Lee believes Ethereum could surge to $62,000 by 2035, marking a potential 1,257% increase from its current price near $4,570.
Why Lee Sees a Supercycle Ahead
Lee argues that Ethereum is entering a “supercycle” comparable to when the U.S. dollar left the gold standard in 1971, triggering massive capital growth. He expects similar transformative forces to push Ethereum into mainstream finance, multiplying its market cap to an estimated $7.48 trillion over the next decade.
Austin Arnold, founder of Altcoin Daily, echoed this view, calling Lee’s outlook a rare, high-conviction bet on Ethereum’s long-term potential. Arnold also calculated that investors would need around 16 ETH today—about $73,000 worth—to potentially reach $1 million if Lee’s target is realized.
Stablecoins and AI Could Be Ethereum’s Catalysts
Lee sees Ethereum’s dominance in the stablecoin ecosystem as a critical driver of this growth. More than half of all stablecoins currently run on Ethereum, and the recent U.S. GENIUS Act has accelerated regulatory support. Treasury Secretary Scott Bessent has even forecast the stablecoin sector could grow to trillions in value, a trend Lee says will disproportionately benefit Ethereum.
Also Read: Ethereum Based Meme Coin Pepeto Presale Past $6.6 Million as Exchange Demo Launches
He also predicts Wall Street and artificial intelligence will converge on the Ethereum network, with major financial institutions adopting it as infrastructure. VanEck CEO Jan van Eck recently dubbed Ether the “Wall Street token,” reinforcing Lee’s belief that institutional capital could flood in.
The Road Ahead
While Lee’s $62,000 target may seem far-fetched, his thesis rests on clear market dynamics: regulatory tailwinds, Ethereum’s network dominance, and institutional adoption. If these forces align, Ethereum could enter a powerful new growth phase over the next decade.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
