Ethereum reserves are coming, which may benefit the following coins:
● Ethereum (ETH): The increase in Ethereum reserves indicates a rising market demand, and recognition from institutions and investors will enhance its value. Additionally, with upgrades to the Ethereum network, such as the Pectra upgrade, performance and security will improve, and the annualized yield from staking will significantly increase, attracting more users to stake ETH and further pushing its price up.
● Stocks of companies related to Ethereum reserves: For example, SharpLink (SBET), as the first company to use ETH as a strategic reserve, saw its stock price rise sharply due to the purchase of ETH. Additionally, companies like BMNR and BTBT, originally mining companies, may see their stock prices gain a higher sentiment premium due to their Ethereum reserves when ETH prices rise.
● DeFi tokens in the Ethereum ecosystem: Uniswap (UNI), as the native token of the largest decentralized exchange on Ethereum, is closely linked to ETH. The development of ETH will drive its trading activity, benefiting it. Other DeFi lending protocol tokens, such as Aave (AAVE), will see Ethereum's performance improvements make DeFi applications more stable and efficient, attracting more users and driving token prices up.
● Layer 2 (L2) tokens of Ethereum: Ethereum upgrades and ecosystem development will contribute to the prosperity of L2 networks, such as Optimism and other L2 project tokens, which may benefit from increased usage of L2 networks and ecosystem expansion.
● Mainstream meme coins on the Ethereum chain: Meme coins on the Ethereum chain, represented by Pepe (PEPE), are closely linked to the Ethereum ecosystem. When the ETH market heats up, these meme coins often receive more attention, and inflows of capital may drive their prices up.
● Oracle tokens: Chainlink (LINK), as a token providing decentralized oracle services, plays an important role in Ethereum smart contract applications. The development of the Ethereum ecosystem will increase the demand for oracle services, thus benefiting LINK. $ETH $UNI #以太坊十周年 #美联储利率决议 #上市公司加密储备战略