Ethereum is Going to $10,000, Says Tom Lee — Why He Claims It Is 'Easily' Coming by 2028

Key Takeaways

• Tom Lee said Ethereum could "easily" trade above $10,000 in 2027 or 2028.

• The BitMine chairman believes a new crypto bull cycle, Wall Street tokenization, and growing AI adoption could combine to drive ETH higher.

• Lee's previous near-term forecasts have missed their targets, while his extreme $250,000 scenario has no stated deadline.

Ethereum could surge beyond $10,000 within the next two years as Wall Street and artificial intelligence increasingly move onto blockchain infrastructure, according to BitMine Chairman Tom Lee.

Speaking to Bankless on Wednesday, Aug. 26, Lee argued that a new crypto bull cycle should be enough to carry ETH back above $5,000.

He claimed that adding demand from tokenized financial assets and AI systems could propel crypto into the five figures in 2027 or 2028.

The prediction comes as Ethereum trades near $2,470 following a roughly 27% weekly rebound, according to CoinGecko data.

Tom Lee Says Ethereum Price Can 'Easily' Exceed $10,000

Asked to provide an Ethereum price forecast for 2027 or 2028, Lee began by pointing to the crypto's previous rise toward $5,000.

The Fundstrat co-founder argued that stablecoin adoption helped Ethereum reach that level during the last market expansion.