Research Predicts Ethereum At $706,000—ETH’s Wildest Target

Fundstrat’s Tom Lee Says Ethereum Should Be ‘Worth a Lot More Money,’ Outlines ETH’s Path to $10,000 - The Daily Hodl

Fundstrat co-founder and chief investment officer Tom Lee believes that the market is significantly undervaluing Ethereum (ETH). In a new interview with the host of the Coinage podcast, Zack Guzman, Lee says that a fair market value for ETH may be as much as $10,000, a more than 299% increase from its current value. Lee says that ETH should have a much higher value because of the market value of the projects that are being built on the layer-1 b…

Research Predicts Ethereum At $706,000—ETH’s Wildest Target

A newly published, 38-page research titled The Bull Case for ETH contends that Ethereum (ETH) could ultimately command a fully diluted market capitalization of roughly $85 trillion, implying a long-run price near $706,000 per coin. The work—dated June 2025 and signed by twenty-one contributors including core researcher Danny Ryan, Bankless co-founder Ryan Sean Adams, and investor Vivek Raman—seeks to re-frame ETH as “digital oil”: a yield-bearin…