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06/21 05:52

Is ETH undervalued? Here’s why 15x stablecoin surg

Is ETH undervalued? Here’s why 15x stablecoin surge could benefit Ethereum!EthereumFII-1-768x432.jpg

  • Fundstrat’s Lee believes that ETH could benefit from the expected stablecoin boom
  • On-chain indicators suggested that ETH was undervalued at $2.5k

Ethereum [ETH] could be grossly undervalued at press time prices if the stablecoin market explodes to $3.7 trillion by 2030. This was the evaluation that was implied and shared by Fundstrat’s Chief Analyst Tom Lee. 

He was reacting to U.S Treasury Secretary Scott Bessent’s 15x stablecoin surge target by 2030. 

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