Ethereum is flying and the GENIUS act could be a big reason.
Here’s why ETH is ripping (and why I think it’s just getting started):
The bill targets yield-bearing stablecoins, cutting off competition from centralised yield coins. This makes ETH-based DeFi more attractive for returns.
This is super bullish for usage and demand.
Speculators seem to be front-running this (let’s be honest, they’ve probably been positioning for a while), betting stricter U.S. rules = more capital flowing into Ethereum-native protocols.
Meanwhile, Sharplink just added $225M in ETH to its treasury, surpassing the Ethereum Foundation!
And Peter Thiel just took a 9% stake in Tom Lee's Bitmine Immersion.
Big week ahead for ETH. What's your target?
