Is Ethereum about to take off? These 10 bullish reasons are making both institutions and retail investors restless...
① Regulation has become friendlier: The new regulatory attitude in the U.S. supports crypto innovation, clarifying through legislation that Ethereum is not a security, and also regulating stablecoins, which encourages institutions to participate with confidence.
② Institutions are piling in: Public companies like SharpLink are making substantial purchases of ETH as reserve assets, leading to skyrocketing stock prices, prompting other companies to follow suit, and even large institutions are joining in, reminiscent of the initial rush for Bitcoin.
③ Technical indicators are bullish: The ETH price has returned above key moving averages, and the charts suggest an upward trend, with many believing that there is little room for decline, making upward movement more likely.
④ Rapid technological upgrades: The recently completed Pectra upgrade has made transactions cheaper and faster, with further scalability improvements expected, resulting in increasingly stronger performance.
⑤ Favorable macro environment: The Federal Reserve may lower interest rates, and ETH staking yields are higher than those of government bonds, making investors more inclined to buy; a weaker dollar also benefits crypto assets.
⑥ Staking is very popular: Nearly 30% of ETH has been staked, and there may soon be staking ETFs locking up more ETH, reducing circulation and making prices more likely to rise.
⑦ Layer 2 is exploding: Major companies like Sony and Robinhood are using Ethereum's Layer 2 scaling network, which maintains security while enhancing efficiency, leading to increasing user adoption.
⑧ Everyone is using it: The Trump family’s company has purchased ETH, and PayPal and Visa are also using it for transactions; exchanges and banks in various countries support it, globally recognizing the value of Ethereum.
⑨ The core team is strong: Founder Vitalik is constantly thinking of new ways to upgrade, and the foundation has been restructured to be more efficient, keeping pace with both technology and management.
⑩ Tokens are becoming more valuable: Transaction fees will burn ETH, with newly issued tokens being fewer than those burned, making ETH potentially scarcer, with a supply-demand dynamic favorable to prices.