Crypto investors have watched Ethereum (CRYPTO:ETH) trade in a narrow range near $2,362 while Bitcoin hovers around $76,000 and institutional money quietly builds positions in digital assets. Adoption metrics keep climbing — stablecoins on Ethereum now handle trillions in annual volume, and layer-2 networks process thousands of transactions per second. Yet price action feels stuck. That disconnect sets the stage for BitMine Immersion Technologies (NYSE:BMNR) chairman Tom Lee’s long-term call.
In a presentation at the Paris Blockchain Week 2026 conference, Lee lays out a clear path for Ethereum to reach a $62,500 fair value by 2030. He first outlined the framework last September and has stood by the numbers since.
