Ethereum Price Today Back in Focus After Tom Lee’s $5 Trillion Forecast and Eric Trump’s ETH Post

Ethereum cryptocurrency affected by an attack to dormant crypto wallets, highlighting an on-chain security alert and create a cryptocurrency asset protection

Ethereum price today is once again back in the trend, as Tom Lee’s new Ethereum forecast takes center stage. Bitmine’s CEO, in his latest interview, was all praise for Ethereum, making a bullish prediction, adding that Ethereum is already eying a $5T market. He later shared how the Ethereum price today is grossly undervalued and that Ethereum may expand its network to $1T to $5T, once major sectors like real estate and stock get digitised on the Ethereum Blockchain. The Tom Lee Ethereum narrative is gaining momentum at the same time that Eric Trump shared his bullish stance on Ethereum. What is the latest Ethereum news today, and how does it impact the asset long-term? Let’s find out. 

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Why Is Tom Lee And Eric Trump Bullish On Ethereum Again?

Eric-Trump-crypto-with-Ethereum-logo-highlighting-growing-ETH-support
Source: CryptoWeekly

Tom Lee is known for backing Ethereum, believing that the asset has the power to bring the offline world onchain. In his latest interview with the New Era Finance Podcast shared by Wu Blockchain, Lee adds how Ethereum price network is aiming for $1T to $5T once it onboard traditional assets like stocks and real estate on-chain.

“Bitcoin is over a trillion, almost two trillion. Ethereum is 200-something billion. OK, and those are the two largest. So let’s say combined under two trillion. Gold is 22 trillion. The stock market is over 100 trillion. Real estate’s like 300 trillion. But here’s the thing.  All of those other assets, to make them composable and monetized, and digitized. So you’re going to have to run it on Ethereum and other blockchains. Ethereum is at 300 billion. It’s grossly undervalued.  So to me, should Ethereum be a trillion or two or five-trillion-dollar network value? Yeah, I can easily see it in the next few years.”

Adding to his Ethereum price prediction, Lee argued that the Ethereum price today will rise as adoption grows. He compared Ethereum to digital land, saying its value increases as more assets are built on it.

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Eric Trump Backs Ethereum In His New Tweet

As Tom Lee’s Ethereum discussions take over the internet, many crypto enthusiasts have been drawing conclusions from them. Eric Trump’s latest ETH tweet has further fueled the discussion. Trump was documented tweeting about Ethereum’s latest pump on X, adding that crypto is the future. Eric Trump’s crypto backing has strengthened the bullish narrative around Ethereum price today alongside Tom Lee’s $5T forecast.

ETH price today, however, tells a different story. The asset has fallen 1% back to hit a new price of $1775 at press time. 

Ethereum Price Forecast For 2030

As Tom Lee and Eric Trump continue to back Ethereum, bullish sentiment around ETH is strengthening. According to CoinCodex, the ETH price may hit a new high of $3084 by 2030. 

ETH PRICE GRAPH 2030
Source: CoinCodex

“ETH price is forecasted to hit $ 2,251.65 by the end of 2026 (+26.80% compared to current rates), $ 3,086.91 by 2030 (+73.83%), $ 5,728.87 by 2040 (+222.61%), and $ 7,652.79 by 2050 (+330.94%). All values represent end-of-year price estimates according to our models”

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Juhi Mirza

Written by Juhi Mirza

Juhi Mirza covers cryptocurrency, DeFi, blockchain, and on-chain markets, translating complex developments into clear, data-driven reporting.