If you're still debating short-term fluctuations of ETH, the key signals might have already been overlooked.

Recently, a very interesting viewpoint has been circulating in the traditional finance circle—Tom Lee, founder of Fundstrat Capital and a well-known bullish analyst on Wall Street, has made a bold prediction:

👉 Ethereum could reach $7,000–$9,000 in early 2026
👉 The long-term target points to $20,000

Does this sound like a typical call in the crypto world? Not quite. This comes from a core figure in traditional finance, and the underlying logic is worth a serious look.

**Why now?**

First, assets are truly moving onto the blockchain, not just staying in conceptual stages. Traditional financial assets like US Treasuries, funds, and stocks are gradually migrating onto the blockchain. When these assets need to settle, the corresponding blockchain infrastructure—the gas consumption on Ethereum—will increase significantly.

Second, Ethereum is evolving into the underlying infrastructure for global finance. The larger the asset scale and the more frequent the transactions, the higher the demand for on-chain computation. This isn’t just value driven by stories, but by real usage needs.

The third key point is the time window. 2025 to 2026 is a critical point—scaling solutions will be implemented, institutional investors will enter on a large scale, and capital structures will shift. From a historical perspective, this is usually not the end of a bull market, but rather the start of a major upward wave.

**The truly worth pondering question**

History has repeatedly proven one thing: when the traditional finance circle starts discussing "long-term target prices," it often indicates that the chips are quietly consolidating.

The question now is not whether ETH can reach $20,000, but—when it truly reaches that point, will you still be on this boat?