Ethereum is poised for significant growth, according to Wall Street strategist Tom Lee, who forecasts the cryptocurrency could reach $5,500 soon and $12,000 by the end of the year. Lee attributes this potential surge to factors such as stablecoins, Project Crypto, and artificial intelligence. Despite a recent 12% correction, Lee highlights Ethereum's foundational role in global finance and AI, with strong interest from crypto treasuries and ETF clients. The U.S. Spot ETF has recently attracted nearly $10 billion in inflows, while corporate treasuries hold approximately 3.7% of Ethereum's supply, valued at $19 billion. Although a broader market sell-off in August impacted Ethereum's price, some traders remain optimistic about a recovery, supported by positive sentiment indicators.