Tom Lee: Ethereum Remains Wall Street’s Favorite Blockchain

Tom Lee maintains that Ethereum holds a strong position in finance among institutional investors. He highlights the blockchain’s continued prominence in decentralized finance (DeFi), tokenization, and smart contracts. This dominance stems from Ethereum’s established developer ecosystem and its history as the first platform for smart contracts, making it attractive to traditional financial players. Lee emphasizes that Ethereum is a crucial bridge between legacy finance and emerging digital technologies.