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Tom Lee: Ethereum to Be Ensured as Future Financial and AI Settlement Layer, Continues to Bullish on ETH

BlockBeats News, May 22nd – Tom Lee, Chairman of BitMine, Ethereum's largest treasury, stated that Ethereum has a strong group of leaders and developers who can ensure its position as the future settlement layer for finance and AI. He mentioned that much of the current bearish sentiment is just desperation and blame-shifting at the bottom of the crypto winter. He believes that blockchain is the only viable way for agentic AI to conduct commercial interactions and significantly improve the profitability of the financial system. He remains bullish on ETH.

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Asset Tokenization and AI-powered DeFi will drive Ethereum to become the future global financial settlement layer, with ETH currently severely undervalued. The ETH to BTC ratio is expected to undergo a significant correction.
Tom Lee is bullish on AI downstream, the Ethereum ecosystem, and institutional entry, and is betting that falling inflation will push the Fed to dovishness.
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Andrew Kang believes Tom Lee is merely drawing lines under the guise of technical analysis to support his own bias.
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