Tom Lee: Ethereum Is Undervalued at Around $300 Billion

Tom Lee said Ethereum is “grossly undervalued” at around $300 billion and argued the network could grow substantially as more traditional assets move onto blockchains.

According to NS3.AI, Lee said Ethereum could become a $1 trillion to $5 trillion network in the next few years as traditional assets become digitized on blockchains.

Lee’s comments frame Ethereum’s current valuation as disconnected from its potential role in tokenizing real-world assets, suggesting that broader adoption of blockchain-based digitization could drive a significant expansion in the network’s overall value.