Ethereum’s recent correction has slightly shaken the conviction of one of Wall Street’s most prominent crypto bulls. Fundstrat co-founder Tom Lee, known for accurately calling multiple market recoveries between 2023 and 2025, believes Ethereum could become the market’s near-term leader, with a potential surge toward $9,000-$12,000 by January.
Lee’s prediction rests on two points: accelerating adoption of smart-contract infrastructure and a shift in capital toward tokenized assets. He notes that the demand for crypto is moving away from speculative tokens into real-world use cases such as stablecoins and tokenized gold.
“Wall Street is building, and Larry Fink is pushing to tokenize everything on-chain,” Lee explained in a recent interview. “If the world is moving assets onto programmable , that’s where the next wave of growth is going to be priced in.”
Fundstrat’s head of technical strategy, Mark Newton, believes ETH could reach between $9,000 and $12,000 by January next year.
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