Will Ethereum soon achieve a performance like Bitcoin in 2017?

Tom Lee, co-founder of Fundstrat and a well-known market expert, stated that Ethereum may soon experience a strong bullish trend, similar to what BTC went through in 2017.

At that time, the price of Bitcoin had increased more than 100 times as many people began to see it as “digital gold.” Lee believes that Bitcoin’s 2017 moment is approaching. But the question is, why does he think so? Behind the Bitcoin Moment of ETH in 2017: Bullish Outlook Back in 2017, the price of BTC was trading at around $1,000 in January, but by last month, it had increased by 2,000%, reaching around $20,000. The market has just witnessed an explosive moment. As for Ethereum, it has increased by 200% compared to the drop in April and 16.66% since the beginning of the year. If this growth trend continues, it has the potential to achieve a growth of 850% as Lee mentioned. And the contributing factors mentioned include regulations on stablecoins, large investments from companies, and the appreciation of the SEC in the United States. Institutional Buying and AI Integration Drive Ethereum’s Growth Momentum In addition to the Bitcoin moment of ETH 2017, Tom Lee also talked about how artificial intelligence (AI) will work with Ethereum. He believes that large companies will start holding Ethereum just like MicroStrategy holds BTC and called this idea “Ethereum MicroStrategy.” Furthermore, organizations have also begun to participate. Bitmine Immersion leads with 833,133 ETH worth $3.5 billion, followed by Ether MicroStrategy and Sharplink Gaming with 521,939 ETH worth $2.23 billion. Coinbase Inc, Bit Digital, BTCS Inc. are also listed among the top holders. According to coingecko, 1.45% of the total supply is held by only 17 public companies, indicating a high level of confidence in this cryptocurrency. Surge in Price Signals New Confidence from Investors This currency started at a price of $3,688 in 2025 but faced a sharp drop to $1,472 in April. After gradually increasing, it began to rise again from last month and has now increased from around $3,700 to over $4,200 in just a few weeks.

This increase clearly supports the views that the co-founder of Fundstrat mentioned regarding the timing of ETH 2017 of Bitcoin. Potential Price: From 3,700 USD To 30,000 USD Upwards Lee predicts that the price could increase significantly, even reaching $30,000 or more. And he is not the only one predicting this price increase; the founder of EMJ Capital, Eric Jackson, stated that the price could reach $1.5 million per coin over time, while other experts estimate the price to be around $90,000 - $1 million. What makes experts think that way? This significant increase is driven by many important factors coming together to boost the value of Ethereum. Conclusion With clearer rules, the participation of large organizations, and advanced technology enhancing the value of virtual assets, recently this asset has joined the top 25 highest market capitalization indices. But when the moment of Bitcoin in ETH 2017 was heavily speculated, is there a possibility that if BTC has seen a sharp decline the following year, Ether will also have to face the same? The answer is uncertain, but the current speculations do.