Tom Lee: Ethereum, Not Solana, Is The ‘Preferred Choice’ For JP Morgan, Robinhood, Circle To Build On
Posted On July 11, 2025
Ethereum‘s (CRYPTO: ETH) dominance in the tokenized finance sector isn’t slowing down and according to Fundstrat‘s Tom Lee, it has already become Wall Street’s go-to blockchain infrastructure, leaving Solana (CRYPTO: SOL) behind in key institutional use cases.
Speaking to CNBC on Thursday, Lee made it clear that Ethereum’s recent outperformance and adoption by financial giants point to a deeper shift.
“There is really a rediscovery of Ethereum taking place,” he said, citing its role in powering stablecoins and tokenized assets that now account for more than 60% of Ethereum’s …
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