Ethereum Price Rally: Tom Lee Sees Potential for Larger Move

Fundstrat's Tom Lee believes that Ethereum's recent price rally could be the start of a larger move, as it has gained about 30% in a week.

This performance is reminiscent of similar weekly gains in May 2025 and July 2021, which were followed by strong rallies, according to Lee.

The crypto fundamentals are improving, and easier financial conditions could further support crypto prices, he noted.

Lee also highlighted growing Wall Street interest in tokenization and the rise of agentic AI as potential catalysts for Ethereum.