Kane and Alli were the two leading stars of Spurs' superb domestic season last campaign, with the striker proving he was no one-season wonder by scoring 25 Premier League goals to win the golden boot.
Meanwhile, Alli enjoyed a remarkable debut season, scoring 10 goals and adding nine assists - many of which set up Kane to score - and winning the PFA Young Player of the Year award.
Both stars have become vital players for Roy Hodgson's England side, and Pearce believes that the hopes of the nation in France this month may rest on whether or not the two young talents can reproduce their impressive form on an international stage.
Pearce said, as quoted by Goal: "I'm hoping that Kane or Alli will come and have a wonderful tournament and put the performances on that will fire England forward into the latter stages.
"I'm hoping Kane will come away with the golden boot and if he does it means we'll probably reach the semi-finals and beyond. When you look at the competition, [Olivier] Giroud and people like that, he's comparable to those individuals. We need the team to play their part as well but I see no reason why he can't win it."
Both Tottenham man will surely start for England as they kick off their tournament with a clash against Russia in Marseille on Saturday evening.