According to @AltcoinDaily, Tom Lee stated that crypto could see up to 200x growth in adoption, highlighting a demand-led cycle rather than a near-term price target. Source: @AltcoinDaily on X, Dec 4, 2025. Traders can validate an adoption-led thesis by monitoring sustained increases in BTC and ETH active addresses and new addresses. Source: Glassnode public on-chain metrics. Rising aggregate stablecoin circulating supply is widely used as a proxy for fresh spot buying power. Source: Coin Metrics network data. Net inflows into US spot BTC ETFs provide a transparent gauge of institutional demand. Source: issuer daily flow reports such as BlackRock iShares and Fidelity. Market-structure confirmation is often seen via higher BTC dominance and improving ETH-BTC relative strength in early adoption phases. Source: TradingView dominance index and Kaiko market structure research.