Fundstrat’s head of research said institutional tokenization supports a $7,000–$9,000 Ether price in early 2026 and a longer-term case for $20,000.
Ethereum’s growing role in institutional finance took center stage on CNBC’s Power Lunch this week, when Tom Lee, co-founder and head of research at Fundstrat Global Advisors, said Ether could climb to $7,000–$9,000 by early 2026 as Wall Street accelerates efforts to tokenize assets and move financial activity onchain.
Lee said Ether’s (ETH) investment case is increasingly tied to its use as financial infrastructure, as Wall Street experiments with onchain settlement and tokenized securities.
“Wall Street wants to tokenize everything,” Lee said, pointing to initiatives at Robinhood and BlackRock. The shift, he said, could bring efficiencies to traditional finance while anchoring real-world use cases on Ether. He added that Ether could eventually reach $20,000 as adoption deepens.
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Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more