In crypto markets, direction is often determined not by price, but by narrative. And recently, Ethereum has been increasingly at the center of this narrative.

Fundstrat co-founder Tom Lee took a very clear position on Ethereum in his assessment at Paris Blockchain Week 2026:
“ETH is seriously undervalued.”

According to Lee, this is not just a price-based comment; it's a strategic positioning at the intersection of two mega-trends:

• Bringing real-world assets onto the blockchain (tokenization)
• The need for infrastructure for autonomous systems and agentic AI

Lee emphasizes that Ethereum forms the foundation of both these areas, arguing that the market hasn't fully priced in this value yet.

📍 Event: Paris Blockchain Week
Held in Paris, France, this event is one of Europe's largest Web3 and blockchain gatherings, bringing together developers, institutional investors, and regulatory representatives. This platform, where topics shaping the future of the sector are discussed, is a critical hub, especially in terms of TradFi-DeFi integration, regulations, and next-generation infrastructures.

Lee's projections are noteworthy:
$7,000-$9,000 in the short term,
and $60,000 in the long term.

These targets may seem aggressive. However, the crucial point is the fundamental argument behind these predictions:
Ethereum is not an asset, but an infrastructure.

If tokenization and AI integration grow to the expected scale, it will be inevitable that valuation models will be rewritten accordingly.

And perhaps the real question is:
When will the market start pricing this transformation?
$ETH ‌$ETH ‌
#Blockchain #Web3