Expert Shreds Tom Lee’s Ethereum Price Call: Here’s Why ETH Could Stay Range-Bound

TLDR: Ethereum fees remain near 2020 levels despite 100x growth in tokenized asset value and stablecoin use. Activity is shifting to Solana, Arbitrum, and Tempo, with Tether building new chains to move USDT volume. Kang dismissed Lee’s claim that banks will buy ETH to secure networks, saying demand remains unproven. ETH price remains stuck in [...]

The post Expert Shreds Tom Lee’s Ethereum Price Call: Here’s Why ETH Could Stay Range-Bound appeared first on Blockonomi.