Coinbase’s Base Network Fuels Ethereum’s Ascent: Tom Lee Predicts $10,000 ETH

Fundstrat founder Tom Lee has made a bold prediction that ethereum (ETH) could surge to $10,000, despite its current price hovering around $2,400. This optimistic outlook contrasts with skeptics like Bitwise, who doubt new highs for ETH in 2025. Lee attributes his bullish stance to Ethereum's resurgence in innovation and growing institutional adoption. A key driver behind this momentum is the tokenization of real-world assets, including equities and currencies, on the Ethereum blockchain. Major platforms such as Robinhood and Coinbase's Base network are actively building on Ethereum, further solidifying its position as a leading blockchain platform. This development underscores the increasing integration of Ethereum into mainstream finance, potentially paving the way for significant price appreciation.

Why Tom Lee Believes Ethereum Price Could Reach $10,000

Fundstrat founder Tom Lee sees Ethereum climbing to $10,000, defying its current stagnation near $2,400. While skeptics like Bitwise doubt new highs this year, Lee points to Ethereum's resurgence in innovation and institutional adoption.

Tokenization of real-world assets—from equities to currencies—is driving Ethereum's momentum. Major platforms like Robinhood and Coinbase's Base network are building on its blockchain, reinforcing its market dominance. Regulatory clarity in the U.S. further bolsters Ethereum's appeal as a secure infrastructure for tokenized finance.

Lee argues widespread bearish sentiment sets the stage for a surprise rally. "Ethereum could hit $10,000 if tokenization becomes the default for asset trading," he told Coinage. As demand for blockchain settlement grows, so too could ETH's value.

Cardano (ADA) Price Set for 30% Surge in July Despite Bearish Sentiment

Cardano's ADA closed June 2025 with a 16% decline to $0.50, underperforming despite critical network upgrades including the cbETH cross-chain bridge and Coinbase Base Layer-2 integration. On-chain metrics reveal troubling signs: $182 million in capital outflows, only 46% of holders in profit, and daily active wallets dropping from 24,000 to 18,000.

Yet technical indicators hint at an impending reversal. The July 1 rebound to $0.563-$0.566 formed a higher low, while exchange withdrawals mirror 2021's accumulation pattern - $932 million moved off platforms year-to-date. Analysts project a 26% July rally targeting $0.72, contingent on breaking the $0.60 resistance level.

The market exhibits rare divergence: 89% bearish sentiment contrasts with a Fear & Greed Index at 66 (Greed). Catalysts include Grayscale's Cardano ETF filing, which Bloomberg analysts rate with a 76% approval probability - a potential institutional on-ramp that could validate ADA's Web3 infrastructure ambitions.