Fundstrat’s Tom Lee Says Ethereum Has ‘50% Chance’ Of Flipping Bitcoin
Ethereum (CRYPTO: ETH) could overtake Bitcoin (CRYPTO: BTC) in network value, according to Fundstrat co-founder and Bitmine (AMEX:BMNR) chairman Tom Lee, who said there is at least a 50% chance Ethereum’s network value flips Bitcoin.
What Happened: Speaking in an interview with Mario Nawfal, Lee highlighted the growing institutional and government sponsorship of Bitcoin, but emphasized that Ethereum’s role as a financial infrastructure layer gives it unique upside.
Lee said Ethereum had lagged in recent years due to its transition to proof of stake and internal adjustments but argued conditions have shifted.
“Ethereum sort of adjusted its own internal problems, including improving the inflation rate, et cetera. So there’s not too much ETH floating,” he said.
He …
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