Tom Lee: Asset tokenization and Agentic AI may trigger a new round of ETH price increase

According to PRNewswire, Tom Lee, Chairman of the Bitcoin treasury company Bitmine, stated that during historical cryptocurrency bull market cycles, the ETH/BTC ratio typically rises as Ethereum's usage increases relative to Bitcoin, such as during the NFT boom of 2020-2021 and the stablecoins of 2025, both of which have been significant catalysts for the growth of Ethereum applications. In the next cycle, Wall Street's tokenization of assets and deployment on the blockchain, along with the use of Agentic AI in blockchain, may further drive the ETH/BTC ratio higher.Since the third quarter of 2026, ETH has been the best-performing macro asset, outperforming the S&P 500 index by 5430 basis points as of last Friday; the three best-performing assets since June 30 have been ETH, BTC, and SOL, with cryptocurrency assets showing significant outperformance compared to other macro assets so far in the third quarter, which is expected to further attract institutions to increase their allocation to cryptocurrency assets. Tom Lee added that as we enter the last few months of 2026, the cryptocurrency market faces several positive catalysts, including the anticipated vote on the CLARITY Act in mid-September, Korean investors re-entering the cryptocurrency market and shifting from AI stocks to cryptocurrencies, and what he believes will be a bottoming out of the "four-year cycle" in the coming weeks, all of which may pave the way for a large influx of institutional funds in the last months of 2026.