BitMine’s Tom Lee Predicts Ethereum Could Hit $12,000 by Year-End

Ethereum (ETH) may be on the brink of a historic rally, according to BitMine CEO Tom Lee. Speaking at Blockchain Week in South Korea, the market veteran forecasted that ETH could soar to between $10,000 and $12,000 before the end of 2025. He added that the digital coin could possibly stretch into the $15,000 range if momentum builds.

Ethereum as Wall Street’s Preferred Token

Tom Lee, who also co-founded Fundstrat, positioned Ethereum not just as another digital asset but as the likely backbone of Wall Street and U.S. government adoption in the years ahead. 

At the event, Lee described Ethereum, already seen as the face of blockchain innovation, as a neutral chain. He emphasized its resistance to centralization and political bias. This neutrality, he argued, is what makes ETH attractive to major financial players and policymakers in Washington.

According to Lee, the Trump administration’s increasing acceptance of crypto further supports Ethereum’s rise. 

This is especially as new technologies like artificial intelligence (AI) and robotics demand robust, decentralized infrastructure. In his view, ETH is not only a token but the foundation for the next generation of finance and technology.

Price Predictions and Market Outlook

The company leader set specific targets for Ethereum’s price, predicting a climb into the $10,000–$12,000 range by year-end. 

If adoption accelerates, he believes ETH could reach $15,000. This outlook is far more bullish than that of Standard Chartered analysts, who in 2023 predicted Ethereum would hit $8,000 by 2026.

Furthermore, he also projected Bitcoin to rally toward $200,000–$250,000, driven by seasonal strength in the fourth quarter and a more accommodative Federal Reserve. Importantly, Lee noted that Ethereum’s value relative to Bitcoin is likely to rebound toward its five-year highs.

Adding to his bullish outlook, Lee predicted that tokenized ecosystems will be built primarily on the Ethereum blockchain. Evidence of this trend is already visible. DBS Bank, Singapore’s largest financial institution, has launched tokenized structured notes on Ethereum. This marks a landmark step for ETH-linked institutional products. 

For Lee, Ethereum’s future is about more than short-term speculation. He described the asset as entering a potential super cycle that could last 10 to 15 years. 

BitMine’s Expanding ETH Treasury

BitMine itself has been aggressively accumulating ETH. The company recently purchased $84 million worth of the token, largely through over-the-counter deals with Galaxy Digital. 

This strategy has paid off. BitMine’s crypto valuation skyrocketed from $37.6 million in June to over $10.8 billion today. This makes BitMine one of the largest publicly traded crypto treasuries alongside Strategy.

SharpLink, another treasury company, has also expanded its holdings to over $3.7 billion in ETH, securing its place as the second-largest holder. Together, treasury firms have pushed the overall market value above $22 billion.