Ether’s price to go ‘nuclear,’ Ripple seeks $1B XRP buy: Hodler’s Digest, Oct. 12 – 18
Crypto analysts say Ether’s price could go “nuclear,” Ripple Labs reportedly plans a fundraising effort for a $1 billion XRP token purchase, and other news.
‘Ethereum could flip Bitcoin’ like Wall Street flipped gold: Tom Lee
Ethereum could eventually surpass Bitcoin’s market share in a similar manner to how US equities overtook gold 54 years ago, when the US abandoned the gold standard, according to BitMine chair Tom Lee.
“Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold post-71,” Lee said in an interview with ARK Invest CEO Cathie Wood on Thursday.
Fascinating take on Ethereum potentially flipping Bitcoin. Historically, market shifts like this happen when utility and adoption align—ETH’s smart contracts could be the edge. Reminds me of how tech stocks overtook traditional sectors. Wild to see if it plays out
Tom Lee is a huge believer in Ethereum. He was that way with $BTC, not that he has turned on that. Simply put, he believes the alpha will be with $ETH.
What do you think? What is out there that could support that happening?
Tom Lee’s optimism on $ETH is compelling. I think Ethereum’s edge lies in its ecosystem—smart contracts, DeFi, and NFTs drive real utility. If adoption keeps surging, especially with institutional interest, the flip could be plausible. Thoughts on what might accelerate this?
Use case is the ultimate driver. It is a network at its core. Making these networks as valuable as possible will lead to higher prices by the market.
Ethereum could dominate in the stablecoin and RWA tokenization market. That is something to watch. Does it go there or other chains?
Leo needs to focus upon building its own decentralized components to help feed into this.
Totally agree on use case being the key driver. Ethereum’s potential in stablecoin and RWA tokenization is massive—recent data shows ETH stablecoin supply at $162B. If it captures more institutional interest, it could outpace others.