BMNR Chairman: The fair price of ETH may reach $10,000 to $20,000 within the next 12 months, and Wall Street will explore ETH staking
ChainCatcher message, Tomas Lee, chairman of the Ethereum treasury company BMNR, stated on the X platform that Ethereum has outperformed the overall crypto industry since early April. As stablecoins create a "chatGPT moment," Wall Street is flocking to ETH. In the short term, the ETH/BTC exchange rate should at least return to levels seen a year ago. The Fundstrat Capital digital assets team expects the fair price of ETH to be around $10,000 to $20,000 within the next 12 months. In the long run, as Wall Street tokenizes real-world assets, it will also begin to explore staking ETH.
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