Ethereum Price May Experience a Big Move Amid Rising Stablecoin and Onchain Activity, Says Tom Lee

Tom Lee, CIO of Fundstrat Capital, believes Ethereum remains in a super cycle due to rising stablecoin demand and on-chain activity. Ethereum price has not yet caught up to strong fundamentals, with the altcoin's capitalization growing despite a slight decline from its all-time high. Stablecoin market cap has surged to over $308 billion, with Ethereum having a 53.32% share, and Ethereum TVL has risen 5% in the past 24 hours.