Tom Lee predicts: Ethereum price rises to $ 62,000 in 2035

According to top analyst Tom Lee, Ethereum (ETH) is on the eve of a huge price increase. In a new price forecast, he mentions a goal of $ 62,000 in 2035. He is also remarkably optimistic for the rest of this year.

Ethereum race forecast: $ 62,000 in 2035

Tom Lee, founder of the Fundstrat research agency, has been optimistic about crypto for years. In a new interview he throws out a striking prediction: Ethereum can rise to $ 62,000 within ten years. That is more than twelve times the current price of around $ 4,500.

And that’s not all. Lee thinks that even this year the currency can climb to 12,000 dollars. An increase of more than 165 percent, if he is right.

How much ETH do you need to become a millionaire?

Lee’s predictions raise the question of how much Ethereum you need today to be a millionaire within ten years. According to his calculations, a possession of 16 ETH, currently worth around $ 72,000, could be good for more than 1 million dollars in 2035.

Those who use their ETH for strike may even reach that amount with 14 ETH.

Ethereum benefits from Stablecoins and new regulations

Lee’s confidence in Ethereum is not falling out of the blue. According to him, the currency is the engine behind the growth of Stablecoins. More than half of these digital dollars are already running on Ethereum.

That development gets an extra push thanks to a new American law, the Genius Act. This ensures clear rules and better protection of users. Lee even calls it the “chatgpt moment” of crypto-a breakthrough that changes everything.

Large companies such as JPMorgan, Citigroup, Amazon and Walmart are already experimenting with Stablecoins. They can save billions in transaction costs. And where those companies are, the rest of the market often follows.

Large companies enter Ethereum

Institutional investors also focus on Ethereum. Bitmine, where Lee himself is chairman, now has 2.07 million ETH. A total of 71 listed companies have already collected 4.91 million ETH. That is more than four percent of all coins in circulation.

If this trend continues, the scarcity increases. And scarcity is often the recipe for higher prices.