🟪Tom Lee, co-founder of Fundstrat and chairman of BitMine, believes Ethereum (ETH) is entering a supercycle — a prolonged period of structural demand and price appreciation. According to Lee, network and Layer-2 activity are growing faster than ETH’s market price, laying the groundwork for future acceleration. He expects the market to start reflecting Ethereum’s fundamental strength — including rising TVL and demand for stablecoins — by the end of the year.
🟪Despite skepticism from some analysts such as Andrew Kang of Mechanism Capital, BitMine remains firmly bullish. The company, which holds over 3.2 million ETH, continues to expand its holdings, viewing Ethereum as the digital equivalent of gold and a cornerstone of the emerging decentralized financial infrastructure.