Tom Lee, Chairman of Bitmine Immersion Technologies (which owns the world’s largest Ethereum company), is strongly pushing the idea of ”ETH 2.0.” In it, it is said that Ethereum (ETH) is on the same level as Amazon before AWS or Nvidia before the AI boom.
Ethereum is entering the “ETH 2.0 era” between Wall Street and AI adoption
Recently comments titled “ETH is the Solution to the Uncanny Valley of Wealth,” Lee argued that right now ETH is “very cheap” because traders “stop being angry at the bottom.” At press time, ETH was trading at $1,844, down 46.97% over the past year and 63% below its August 2025 high of $4,953.
Source: CoinMarketCap price
Even so, multi-billion dollar companies like BlackRock’s BUIDL and JPMorgan’s MONY are proof that corporations are building Ethereum’s future.
In addition, large companies such as Bitmine are running the network as verifiers Even the Ethereum Foundation lowered its share to only 0.1% of ETH in circulation.
He also supports Ethereum’s bullish case by noting that its security and immutability puts it at the forefront of artificial intelligence (AI) applications. He also projects that Ether will transform from a fictitious currency into a payment rail for automated systems.
The price of ETH shares
In the short term, Lee predicts that ETH can bought $2,200 by August this year. Over time, the project wants $12,000 if Bitcoin hits $250,000. This can be driven by the exchange of capital from Bitcoin with an average exchange rate of 0.029 ETH/BTC.
He said that ETH could rise to $65,000 again if it becomes a global payment network and stabilizes global assets (RWAs). Further, they establish a market of $ 5 trillion, which means that the multi-year goal of $ 250,000.
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