In a landscape often clouded by bearish sentiment, Tom Lee, co-founder of Fundstrat and president of Bitmine, stands out with a bullish forecast for Ethereum. Lee confidently predicts that the cryptocurrency could reach a staggering $10,000 by the end of 2025, with even more ambitious projections suggesting it could soar as high as $60,000 in the future.
Lee’s optimism is underscored by Bitmine’s recent strategic move in the market. On October 21, 2025, Bitmine made a substantial acquisition of 63,500 ETH, valued at approximately $184 million. This purchase raises Bitmine’s total holdings to an impressive 3.34 million ETH, which now constitutes 2.7% of the total circulating supply of Ethereum. Such a significant investment signals a robust institutional confidence in Ethereum’s long-term potential, even amidst a tumultuous market.
The company’s strategy, announced earlier in June 2025, reflects a commitment to Ethereum as a cornerstone of its asset portfolio. By holding a major stake in ETH, Bitmine aims to position itself as a pivotal player in the cryptocurrency’s evolution. This move not only highlights Lee’s faith in Ethereum’s future but also reinforces the broader narrative of institutional investment growing in the crypto space.
A key driver behind Lee’s optimism is the burgeoning market for real-world asset (RWA) tokenization on the Ethereum blockchain. He asserts that this trend could unlock trillions of dollars in value by migrating assets such as real estate, stocks, and bonds to the Ethereum platform. In the first half of 2025 alone, the RWA market on Ethereum skyrocketed from $8.6 billion to a staggering $25 billion.
Lee’s projections for the RWA market are particularly bold, with expectations that it could reach between $10 trillion and $30 trillion by 2030. This anticipated growth would likely catalyze a significant increase in Ethereum’s transaction volume and revenue. As the trend of fractionalized tokenization gains momentum, Ethereum’s value proposition becomes ever more compelling, paving the way for substantial future growth.
As decentralized finance and asset tokenization continue to gain traction, Lee envisions Ethereum as an essential platform in this evolving ecosystem. With strong institutional backing and the potential for widespread adoption, the prospect of Ethereum reaching $10,000 by the end of 2025 appears increasingly plausible.
As the crypto community watches closely, Lee’s forecast not only stirs excitement but also reinforces the belief that Ethereum is poised for remarkable growth in the coming years.
