đăEthereum Surges 65% in 30 Days â Bernstein Highlights 3 Driversă
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:
1ď¸âŁ 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.
2ď¸âŁ Institutional Layer 2 Adoption: ETH's Layer 2 ecosystem is playing an increasingly pivotal role in crypto infra for institutions.
3ď¸âŁ 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.đ
đTake: 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.
