Ethereum (CRYPTO: ETH) is still "vastly undervalued" despite last week's sharp rally, according to Fundstrat's Tom Lee, who says tokenization, AI agents and institutional adoption could drive the next major leg higher. Speaking on the Milk Road Show, the co-founder and head of research at Fundstrat Global Advisors said Ethereum's move from roughly $1,900 to $2,500 was not just a short squeeze — it was a "course correction.