Cryptocurrencies have had a rough time since October 2025, with most major coins and tokens trading deeply in the red. Not even the industry leaders have escaped the carnage, with Ethereum's native cryptocurrency, Ether (CRYPTO: ETH) , down more than 60% from its all-time high.
But Tom Lee, Wall Street analyst and chairman of Bitmine Immersion Technologies (NYSE: BMNR) , thinks this could be an incredible opportunity to buy Ether. It currently trades at about $1,940 per coin, but he predicts it is about to embark on a staggering rally to $250,000, representing a potential gain of almost 13,000%.
Lee says the transition to "Ethereum 2.0" could create a tremendous amount of value, and here's what he means.
Continue reading