Tom Lee, co-founder of Fundstrat Global Advisors, anticipates a significant breakout for Ethereum (ETH) as stablecoins drive a transformative shift in Wall Street's engagement with cryptocurrencies. Ethereum has surged 22% over the past month, fueled by increased demand from stablecoins and the tokenization of real-world assets by major financial institutions like JPMorgan Chase and Robinhood. Lee highlights Ethereum's growing role as a technology platform, with its market dominance reaching 10.2% after surpassing the $3,000 resistance level. He also suggests that potential Federal Reserve rate cuts in 2025 could further benefit Ethereum and other risk assets.