Tom Lee, the chairman of the Bitmine company, which has collected 2.4 million Ether since July, expects the rise of cryptocurrencies to continue in the upcoming period. Responding to questions from The Block of the US media at the ongoing Blockchain Week in South Korea, Lee stated that Ethereum is a “neutral chain” that is not in favor of anyone and cannot be converted, and he used the following expressions:
“The major players of Wall Street want to be found on neutral and decentralized platforms. Not just Wall Street, but the White House and Congress as well…”
“The best for artificial intelligence and agents is Ethereum…”
Lee stated that the best option for artificial intelligence, which has been entering our lives more recently, is the Ethereum network, saying, “both artificial intelligence agents and robots will require a token economy. The vast majority of these will be on Ethereum. Trump mentioned the importance of human verification just yesterday. This can be provided most effectively and easily on Ethereum.”
Year-end estimate of 10 thousand – 12 thousand…
Lee also reiterated his year-end price predictions. The Bitmine manager stated that he expects a price range of 200 to 250 thousand dollars for Bitcoin and 10 to 12 thousand dollars for Ether.
Lee, who noted that the price discovery range for Ether will be between 12 thousand dollars and 15 thousand dollars, stated that this range is not a ceiling and that it could go even higher.
Published: September 24, 2025 12:54 Last Updated: September 24, 2025 12:57
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The Ethereum Beacon Chain staking contract holds over 82 million ETH, accounting for 68% of the total supply.
As of April 2026, the Ethereum Beacon Chain staking contract holds more than 82 million ETH, accounting for about 68% of the total supply. Multiple exchanges and institutions hold large amounts of ETH, and among individual holders, Vitalik Buterin is the largest holder. The U.S. government holds about 62k ETH.
GateNews1h ago
Naoris Protocol's quantum-resistant blockchain goes live as Bitcoin and Ethereum face 'Q-Day' threats
Naoris Protocol launched a quantum-resistant blockchain, designed to secure transactions against future quantum threats. It utilizes post-quantum cryptography and has validated over 100 million transactions, preparing to protect digital assets despite vulnerabilities in existing systems like Bitcoin and Ethereum.
CoinDesk3h ago
After Naoris launches, it provides quantum-secure protection for Bitcoin and Ethereum assets on a quantum blockchain
After Naoris Protocol goes live on the quantum blockchain mainnet, it uses NIST-approved post-quantum cryptography technology to ensure protection against quantum computers cracking mainstream blockchains. Users need to migrate their assets to receive quantum-safe security assurances, while Bitcoin and Ethereum developers are also exploring solutions to resist quantum attacks.
GateNews4h ago
The Ethereum Foundation re-staked $46.64 million in ETH, bringing the total amount staked to $96.59 million
Gate News announcement: April 3, according to blockchain data analytics platform Arkham, the Ethereum Foundation has again staked approximately $46.64 million worth of ETH. As of now, the Ethereum Foundation’s total amount staked cumulatively has reached $96.59 million.
GateNews5h ago
