According to CoinMeta, Tom Lee, a long-term bullish investor on Wall Street, expects Ethereum to significantly surpass Bitcoin in the coming years. He believes that the next major catalyst for Ethereum could be far more powerful than the driving factors of previous crypto cycles. Lee also points out that the ratio of Ethereum to Bitcoin (ETH / BTC) is an important indicator for the broader crypto market. Currently, this ratio is 0.02994 and is breaking through the long-term downward trend of the past few years. Lee indicates that the market is beginning to recognize the growing use of Ethereum in tokenization and smart contract applications. Bitmine reports that as of August 17th, the company held 5.8 million Ethereum, worth approximately $11 billion.