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🚀【Ethereum Surges 65% in 30 Days — Bernstein Highlights 3 Drivers】 ETH has rallied nearly 100% from its April low, with a 65% gain in the last 30 days! Bernstein analysts attribute the surge to three key forces: 1️⃣ Stablecoins & Tokenization Boom: Ethereum hosts 51% of all stablecoins and dominates the $22B RWA tokenization market, now backed by TradFi giants like BlackRock and Franklin Templeton. 2️⃣ Institutional Layer 2 Adoption: ETH's Layer 2 ecosystem is playing an increasingly pivotal role in crypto infra for institutions. 3️⃣ Short Squeeze: Hedge funds had used ETH as a short leg to hedge BTC/SOL longs. As narratives shift to real-world use cases (payments, tokenization), those shorts are being unwound fast.📉 📌Take: ETH is evolving from a "store of value" into the backbone of real-world crypto finance. If tokenization remains hot, we may be witnessing a fundamental repricing of Ethereum. #Ethereum #ETH #CryptoNarratives
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