Tom Lee’s $250,000 ether target: Here’s what math says about this crazy prediction

Bitmine's chairman told a Paris conference ether would 50x from here on AI and corporate validators. Here's how supply schedule, the ETH-to-bitcoin ratio history and the actual breakdown of staked ether look at those levels.\nWhat to know : A forecast of ether at $250,000 would value the Ethereum network at about $30 trillion, requiring a roughly 50-fold price increase from current levels. Ethereum’s supply is now modestly inflationary at about 0.82% a year after the Dencun upgrade reduced fee burning, undermining earlier “ultrasound money” deflationary narratives. Hitting $250,000 per ether would likely require bitcoin to trade between $2 million and $3 million, a sharp reversal in the ETH-to-bitcoin ratio, and a corporate validator presence far larger than current data supports.