BitMine's Tom Lee Predicts Ethereum as Wall Street's Preferred Blockchain

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Based on Bijié Wǎng, BitMine chairman Tom Lee stated that Ethereum is a 'truly neutral chain' favored by Wall Street and the White House. He noted that Ethereum's neutrality makes it ideal for institutional operations and highlighted BitMine's transformation into an Ethereum-focused financial tool. Since the transition in June, BitMine's market cap has surged from $37.6 million to $94.5 billion, making it the world's largest Ethereum vault with 2.15 million ETH. Lee also expressed continued bullishness on Bitcoin, forecasting a price range of $200,000 to $250,000 by year-end.

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