Lee Sees $6,000 ETH Price by Year-End Amid AI Agent Transaction Growth

Tom Lee, co-founder of Fundstrat and chairman of Bitmine Immersion Technologies (BMNR), believes Ethereum is vastly undervalued. He attributes this to its increasing use in settlement of AI agent transactions that legacy payment rails can't support.

Lee predicts the Ethereum-to-Bitcoin ratio could reach 0.04 by year-end, taking Ether to around $6,000 with Bitcoin at $150,000. This projection is described as 'very conservative', considering the ratio soared to nearly 0.08 in the 2021 cycle.

The CLARITY Act remains a key near-term catalyst for Ethereum's price growth, according to Lee. However, he notes that even without its passage, Ethereum will still perform well due to growing demand for blockchain infrastructure needed for AI agents.