tl;dr
Fundstrat identifies Ether (ETH) as the top macro trade for the next 10-15 years, forecasting a price rise from $4,752 to $15,000 by the end of 2025. Growth drivers include AI-driven token economies and increased Wall Street financialization of blockchain. Regulatory progress, such as the GENIUS Act...
Market strategy and research firm Fundstrat has identified Ether (ETH) as the “biggest macro trade” for the next 10 to 15 years, forecasting a rally from $4,752 to as much as $15,000 by the end of 2025. Thomas Lee, Fundstrat Capital’s Chief Information Officer, emphasized that Ether’s growth is driven by the rise of AI creating a token economy on the blockchain and Wall Street’s increasing financialization within the blockchain space.
Sean Farrell, head of digital asset research at Fundstrat, echoed Lee’s optimism, projecting ETH could reach between $12,000 and $15,000 by year-end, signaling substantial upside potential. These bullish expectations are underpinned by regulatory advancements such as the GENIUS Act for stablecoin regulation and the U.S. SEC’s “Project Crypto,” aimed at modernizing financial oversight for digital assets.
Ether is central to these developments, with the majority of stablecoins and Wall Street blockchain projects built on the Ethereum network. Ethereum currently commands a dominant 55% market share in the $25 billion real-world asset tokenization sector and controls 55% of the stablecoin market, according to RWA.xyz data.
Ether’s price has surged 60% over the past month, reaching a four-year high near $4,770, just a fraction away from its 2021 peak. It is outperforming Bitcoin this year, with a 28% gain compared to Bitcoin’s 18%. This momentum is highlighted by BitMine Immersion Technologies, the world’s largest Ethereum treasury company, which has amassed 1.2 million ETH since July and now holds nearly $5.5 billion worth of Ether. BitMine’s stock (BMNR) has soared 1,300% over the same timeframe.
BTC Markets’ crypto analyst Rachael Lucas noted that such large strategic holdings remove significant liquidity from the market. When combined with record ETF inflows and increased allocations by corporations and sovereign wealth, this creates strong structural demand meeting limited supply. Lucas concluded that these factors form a “recipe for sustained upward pressure” on digital asset prices, firmly integrating cryptocurrencies into global capital markets.