Tom Lee: Bitcoin adoption could surge 200 times, four-year cycle will end

According to CCN, Tom Lee, chairman of the Ethereum treasury company BitMine, stated at the Binance Blockchain Week event that Bitcoin adoption could surge by 200 times. He pointed out that only 4.4 million wallets globally hold more than $10,000 in Bitcoin, while 900 million people have retirement accounts exceeding this amount. If these funds are allocated to Bitcoin, it will create significant growth potential.

Tom predicts that the traditional four-year cycle of Bitcoin is about to be broken, stating that the coming weeks may rewrite historical rhythms. He believes that the decline since October is mainly due to deleveraging rather than the halving cycle, and noted that despite the weak crypto market, gold has risen 61% this year, and the S&P 500 has increased nearly 20%.

Tom emphasized that tokenization will become a dominant trend, with Wall Street planning to put nearly $10 trillion in financial products on-chain. He stated that Ethereum is at the core of the future of finance and tokenization, and pointed out that BlackRock's Bitcoin ETF has become one of its top five fee-generating products.