Ether: Tom Lee says it's only just starting to rise

Foreign media: Tom Lee of Fundstrat believes that the recent rise in the Ether Mill may be only the starting point for a larger movement. ETH increased by about 30 per cent over the past week, and he noted that similar weekly increases had taken place after May 2025 and July 2021.

Market mood shifts.

Lee believes that the basics of the current encryption market are improving, and that the recent increase in ETH is just a way back from the previously repressed movement. He also mentioned that further easing of the financial environment might continue to support encrypted assets.

Wall Street is focused on tokenization.

Lee also listed monetization and anatomic AI as potential catalysts for the ETA. He indicated that Wall Street's interest in monetization was growing and that the expansion of AI-related applications could also generate ecological demand for the Etherak.

Bitmine's holdout continues to increase.

At the same time, Bitmine's Etherhouse has grown to close to 5.85 million ETH. The report views this change as a sign that institutions will continue to look after the ETA.