Coin World News reports that online gaming company SharpLink Gaming announced a net loss of $103 million for the second quarter of 2025, primarily due to an impairment of $87.8 million on its liquid staked token LsETH, which holds 728,804 Ethereum (valued at approximately $3.5 billion). The company stated that the impairment was due to accounting rules and did not involve the actual sale of ETH. Following this news, SharpLink's stock price fell by 12.58%. Analysts predict that the price of Ethereum may reach between $7,500 and $15,000 by the end of the year due to buying pressure from treasury companies, or trigger institutional-level DeFi Summer 2.0.