Welcome to the US Crypto Information Morning Briefing—your important rundown of an important developments in crypto for the day forward.
Seize a espresso as Ethereum takes again the headlines with huge predictions flying. Some say the subsequent surge is simply across the nook, whereas others warning that hidden assumptions and lengthy timelines may make the hype extra difficult than it appears.
Fundstrat’s Tom Lee just lately made headlines with a daring forecast that Ethereum (ETH) may attain $60,000 within the close to future.
The crypto government cited the migration of real-world belongings (RWA) onto the blockchain as the first catalyst for this shift.
“The entire dimension of world monetary markets is 200 trillion, possibly extra. How a lot of that finally ends up on blockchains? In response to Larry Fink, the thought is to maneuver 100% of this onto the blockchain. So we’re speaking trillions of {dollars} of belongings transferring onto layer one blockchains,” he acknowledged.
Lee shared his perspective throughout an interview, framing Ethereum as a possible world monetary settlement layer.
In response to Lee, Ethereum’s market cap of round $440 billion pales compared to the $200–300 trillion in world monetary belongings, together with shares, bonds, and actual property.
Even a fraction of those belongings, Lee suggests, 0.5% to 1%, transferring on-chain may, in his view, multiply Ethereum’s community worth a number of instances. This, in his opinion, justifies his $60,000 goal.
He additionally highlighted Ethereum’s robust validator community, decade-long uptime, and alignment with Wall Avenue’s rising curiosity in tokenization as key tailwinds supporting long-term progress.
Nonetheless, crypto analyst BitWu critiqued Lee’s forecast, describing it as overly reliant on what he calls a “typical RWA narrative.” The analyst cautioned that Lee’s mannequin rests on two hidden assumptions:
-
That each one real-world belongings will choose Ethereum’s mainnet, and,
-
That Ethereum’s value will immediately replicate settlement quantity.
Whereas each assumptions are “cheap,” BitWu argues, they oversimplify the distinctive mixture of macroeconomic elements, regulatory readability, and infrastructure maturity that can finally decide Ethereum’s trajectory.
“ETH at $60,000 USD isn’t any downside [but not this year]. In about three years, I feel it is doable! Why do I say that? The true breakout level for RWA, I consider could also be in 2026-2028, relying on the macroeconomic rate of interest cycle + regulatory readability + maturity of on-chain infrastructure (particularly L2 and compliant chains),” BitWu defined.
