BitMine Chairman Tom Lee has made bold price predictions for Ethereum (ETH), estimating a reach of $12,000 by year-end. In a livestream interview, Lee projected ETH could hit $5,500 within the next few weeks and trade in the $10,000 to $12,000 range by year’s end. Lee attributes this optimistic outlook to Ethereum’s growing adoption among Wall Street institutions and its expanding ecosystem, particularly in decentralized finance (DeFi). He believes Ethereum’s current market value is undervalued. Lee’s recent predictions have been met with investor curiosity as institutional interest in spot Ethereum ETFs has also surged. Analysts anticipate that Ethereum may offer more substantial growth potential compared to Bitcoin due to factors like staking rewards and increased institutional adoption. Despite market volatility, Ethereum continues to attract attention from investors. This article is for informational purposes only, not financial advice.