logo

Tom Lee: Ethereum Still in a Supercycle

By: theblockbeats.news|2025/10/26 13:47:52

BlockBeats News, October 26th, Tom Lee, Chairman of BitMine, the first Ethereum holding institution, stated in a post that "Ethereum (ETH) is still in a Supercycle."


Most of the time, the price "leads" the fundamentals, but there are also times when the fundamentals lead the price.


· Stablecoin demand is surging

· Ethereum transaction volume hits a new all-time high."


In an interview with CNBC, Tom Lee said: "Due to the drive of stablecoins, both the Ethereum Layer 1 and Layer 2 networks are experiencing significant growth in activity, just that this improvement in fundamentals has not been fully reflected in the coin price - market pricing often exhibits a lagging effect. In my observation, the continued rise in on-chain activity actually provides a solid basis for a major market price movement before the end of the year."

Li Chenggang: Initial Consensus Reached Between China and the United States on Prudently Addressing Multiple Key Economic and Trade Issues
Russian President's Press Secretary: US and EU Sanctions on Russia Complicate Russia-US Relationship Repair

You may also like

Share
copy

Gainers

Latest Crypto News

16:47

Jump Crypto is suspected to be in the process of swapping a large amount of SOL for BTC, having deposited 1.1 million SOL to an OTC platform.

16:47

「100% Win Rate Whale」 Total Unrealized Loss Increases to $11.4 Million

16:17

Report: Social Engineering Scams Remain the Biggest Threat to Cryptocurrency Users in 2025

16:17

In the last 24 hours, there has been a total of $1.134 billion in liquidations across the entire network, with the majority coming from long positions.

16:17

Nordic Bank Nordea Allows Customers to Trade Bitcoin-Pegged Synthetic ETP

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com