Tom Lee has indicated that Ethereum is positioning itself as a core financial infrastructure, with Wall Street leading the asset tokenization trend and institutions such as BlackRock and Robinhood actively leveraging the technology. He projects ETH prices reaching about $7,000 to $9,000 by early 2026, with potential upside beyond that over the longer term. He also emphasized that there is a possibility for ETH to reach as high as $20,000 in the long run.

The Ethereum network reportedly holds roughly $120 billion in tokenized assets, greatly surpassing competing blockchains such as BNB Chain, Solana, and Arbitrum. In addition, around $170 billion in stablecoins are issued on Ethereum, reinforcing its role as the primary layer for on-chain dollar payments.

DTCC announced plans to tokenize portions of U.S. Treasuries on the Cantor Network through its Depository Trust Company subsidiary. The group processed about $3.7 quadrillion in securities trades last year, underscoring the accelerating convergence of traditional finance and blockchain technology.

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