E Guardians must stand up, ranked 34th yesterday 👀
$ETH #ETH
More importantly, the E representatives have changed. SharpLink Gaming ($SBET) has surpassed the Ethereum Foundation to become the largest ETH holding institution globally. I’ve done quite a bit of in-depth analysis these days and feel like E is about to thrive again:
1) Governance rights will shift from the foundation to the market, potentially developing towards equity-like and market-oriented models in the future.
2) Officially entering the institutional era, akin to MicroStrategy's role with BTC.
3) ETH is positioned as a 'quasi-US Treasury', with exclusive #DeFi advantages, capable of serving as a productive asset.
Wall Street is now in control; $SBET itself is a NASDAQ company, and Blackstone is the largest custodian of ETH.
Let’s observe if recent ETH concept stocks will explode.