Story perspectives

Trump Backs Ethereum, Says $5T Valuation; Analysts Urge Fundamentals

7/13/2026

Summary

Tom Lee Predicts

Tom Lee said Ethereum’s $300 billion valuation is undervalued and could reach $5 trillion, with Eric Trump voicing support.
On July 11 Eric Trump posted ETH near $1,820, which fell to $1,780 two hours later, a 2.2% drop.
Analysts warned that regulatory clarity and ecosystem upgrades, not social-media hype, will determine Ethereum’s long-term value despite price swings and varied forecasts.

Summary

Tom Lee Cuts

Tom Lee, BitMine chairman, disclosed 5.74 million ETH (?4.8 % of supply) and plans to cut the stake to about 5 %.
BitMine backs Ethereum-Foundation spin-offs EthLabs and Ethereum Institutional, aiming to spark an “institutional supercycle” and expand finance.
Lee cited four 2026 macro drivers—U.S. monetary-policy, Canada’s Clarity Act, AI-driven capital concentration, and traditional finance weakness.
At WebX 2026, Lee said Wall Street institutional adoption, not retail sentiment, will drive Ethereum’s long-term value.

History

Historical Context

December 2017 saw CME Group and CBOE list the first regulated Bitcoin futures, giving Wall Street a formal gateway to crypto. CME later added spot Bitcoin trading in May 2024, cementing institutional access. Today, Tom Lee’s reduced BitMine stake and Eric Trump’s Ethereum price commentary echo that 2017 shift, showing how regulated derivatives still shape market sentiment.

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Tom Lee Predicts

Tom Lee said Ethereum’s $300 billion valuation is undervalued and could reach $5 trillion, with Eric Trump voicing support.
On July 11 Eric Trump posted ETH near $1,820, which fell to $1,780 two hours later, a 2.2% drop.
Analysts warned that regulatory clarity and ecosystem upgrades, not social-media hype, will determine Ethereum’s long-term value despite price swings and varied forecasts.

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