Tom Lee Says Robinhood Chose Ethereum for Security and Liquidity Over Low Fees
Tom Lee noted that Robinhood selected Ethereum for its card and crypto initiatives due to its unmatched security and liquidity rather than low transaction fees.
Lee argues that Ethereum's value proposition is evolving beyond capturing transaction fees or maximizing gas extraction. Instead, he views ETH increasingly functioning as a secure store of value that market participants hold for utility and long-term appreciation.