Tom Lee, chairman of BitMine Immersion Technologies, is making waves in the crypto space with his bold prediction: Ethereum could hit $7,000 to $9,000 by early 2026. This forecast is backed by BitMine's aggressive staking strategy, with the company recently accumulating over $1 billion worth of ETH in just two days
Lee's optimism stems from Ethereum's growing institutional adoption, particularly in tokenization and settlement efficiency. As traditional finance explores blockchain-based solutions, Ethereum's established network and on-chain activity position it for significant growth.
BitMine's commitment is evident, with over 4 million ETH staked, equivalent to 3.4% of the circulating supply. This strategic move demonstrates institutional confidence in Ethereum's long-term potential.
ETH
2,812.72
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