It is hard to believe that ETH languished at less than $ 1,500 in April. Now it’s again above $ 3,800.
The return of Ethereum is the history of summer. Thanks to the FNB ($ 2 billion in entries in two weeks), treasure vehicles and excitement around tokenization, the return is indeed lit. And the institutions are in the driving seat.
One of the main stars of digital assets of Blackrock will direct the ETH vehicle of Joseph Lubin, Sharplink.
As Paul Brody of Ey wrote this week, with the institutions, “Ethereum has already won” and will probably continue to win for decades to come. Stopping the effect of the network – only a critical mass of transactions in stablescoins and tokenization will fall on Ethereum – makes it a de facto network.
We will see.
On the markets:
While Bitcoin maintained stable under 120K, Altcoins has successfully succeeded. Hell. Most of the cryptography market seems relatively healthy these days.
And, according to President Trump, Jerome Powell may soon reduce rates (or be dismissed). If this is the case, this will help risky assets like Bitcoin et al.
In other major news:
Roman Storm’s Tornado cash trial has intensified. Cheyenne Ligon de Coindesk was there.
Elon registered X / GROK on the KALSHI prediction market
JP Morgan will offer cryptographic loans but faces demonstrations by cryptography trade groups on access to data.
See you next week.
