ChainCatcher reported that BitMine Chairman Tom Lee stated in an interview with CNBC that Ethereum's current fundamentals are performing well, with stablecoin trading volume and application layer revenue both reaching all-time highs, and a price breakout is expected to follow.
Tom Lee reiterated his previous year-end price prediction, expecting bitcoin to reach the $150,000 - $200,000 range, with a target price of $7,000 for ethereum.