Fundstrat Global Advisors co-founder Tom Lee believes Ethereum (ETH) could soon overtake Bitcoin (BTC) in market dominance, a phenomenon known as the “flippening.”
Speaking on ARK Invest’s FYI Podcast with Cathie Wood, Lee compared Ethereum’s potential rise to Wall Street’s transformation after the U.S. abandoned the gold standard in 1971.
“Ethereum could overtake Bitcoin in the same way Wall Street overtook gold,” Lee explained. “By 2025, everything will be tokenized, and Ethereum will be the foundation of this new era.” He argued that while Bitcoin will retain its status as digital gold, Ethereum’s smart contract capabilities position it as the backbone of tokenized finance, the layer powering digital securities, real-world assets, and stablecoins.
Lee also predicted that the total crypto market cap could reach $25 trillion by 2030, with Bitcoin leading in stored value but Ethereum driving most financial innovation.
Adding to this bullish view, analyst Crypto Rover shared a chart showing that Ethereum’s 2025 price structure closely resembles Bitcoin’s 2024 setup, both forming descending wedge patterns before major breakouts.
If history rhymes, Ethereum could be on the verge of a similar explosive rally, reinforcing Lee’s outlook that ETH may soon take the spotlight in the next phase of the bull market.