Tom Lee: Asset Tokenization and Agentic AI Could Trigger Next ETH Rally

Bitmine Chairman Tom Lee stated that the ETH/BTC ratio historically rises with increased Ethereum utility, citing NFTs in 2020-2021 and stablecoins in 2025 as catalysts. He expects asset tokenization by Wall Street and the adoption of blockchain by Agentic AI to further boost the ratio. Since Q3 2026, ETH has outperformed the S&P 500 by 5,430 basis points, with ETH, BTC, and SOL leading asset performance since June 30.