Ethereum to Rise on Wall Street Adoption and Agentic AI
Tom Lee, chairman of Bitmine, says that asset tokenization and Agentic AI on blockchain could drive up Ethereum's price.
In bull market cycles, ETH/BTC ratio typically rises as Ethereum usage increases relative to Bitcoin. Past catalysts for growth have included the NFT boom from 2020-2021 and stablecoins in 2025.
Since Q3 2026, ETH has outperformed the S&P 500 by 5430 basis points. This year's top performers are ETH, BTC, and SOL, with crypto assets outperforming macro assets so far in Q3.
In the next cycle, Lee expects Wall Street's adoption of asset tokenization and Agentic AI to boost Ethereum applications.