Fundstrat Global Advisors co-founder Tom Lee said in a recent CNBC interview that Ethereum could climb to about $15,000–$16,000 by the end of 2025, a move he believes would allow the token’s market value to surpass that of Bitcoin. Lee added that a return to Ethereum’s 2021 ratio to Bitcoin would imply a similar price level and described the current cycle as a “2017 Bitcoin moment” for the second-largest cryptocurrency. Lee attributed the prospective gains to rising institutional interest, government-backed initiatives and artificial-intelligence applications migrating to public blockchains. He also said Fundstrat has accumulated roughly $3 billion worth of Ethereum as part of its strategy. The strategist recommended that “median” investors hold 5–10% of their portfolios in crypto assets, with a 20% or higher allocation for younger or more risk-tolerant investors, underscoring his conviction that broader adoption could sustain a multiyear rally in Ethereum.