ETHEREUM IS JUST A MORE MATURE NETWORK.
In 2025/03/07, $ETH traded near 1400. Aprox. 3 months later it reached over 2800.
That is 100% profits. 2025/06/11
ETH to 2600 by July 7th. Ranging between 2600-2400 for weeks.
Even if BlackRock™ and Fidelity purchases has been using TWAP/VWAP (time/volume weighted average price) prices to build a position gradually, they have certainly trigger momentum.
The recovery started on May 2025 "coinciding" with the revived corporate interest in Ethereum. The Reserves might be provisions for activities unrelated to staking or speculation alone, but rather renewed and stronger interest in RWA (real world assets).
They chose Ethereum over other alternatives, inspite the criticism over their "lagging performance" (speed), transaction costs, among multiple other issues. But why?
Simply because, it is a more developed ecosystem in terms of market presence and capitalization.
NFT and #defi migration would be pointless.
Relative expensive transaction costs and low speed compared to networks like SOLANA ($SOL ) are cheap compared to the low traditional banking chargin 1-3% or more of the balance transferred.