Recently, discussions about Ethereum's prospects in 2026 have heated up in the industry. Renowned analyst Tom Lee straightforwardly states that next year will be the "Year of Ethereum." What is the logic behind this judgment?

From the perspective of the asset tokenization wave, institutional funds worldwide are accelerating their deployment in this sector. The $12,000 target price given by Standard Chartered reflects traditional financial institutions' recognition of ETH's long-term value. This is not baseless speculation but is supported by several key factors.

On the technical side, the Ethereum ecosystem is improving. The staking yield model is operating steadily, and Layer 2 solutions have significantly reduced usage costs, all of which are attracting incremental funds. Coupled with the liquidity boost brought by the launch of spot ETFs, barriers for institutional entry are gradually being removed.

The scale of tokenized assets is also expanding rapidly. From real estate to bonds, more and more traditional assets are being on-chain, creating sustained demand for mainstream public chains like Ethereum.

However, the market always carries uncertainties. Regulatory policies, macroeconomic environments, and the progress of competing chains can all influence the final outcome. What is your view on Ethereum's prospects in 2026?