Yesterday, ETH and ecological blue-chip assets experienced a price surge, with ETH rising by 6.4%.
Currently, the underlying logic supporting ETH is: The Trump administration is committed to establishing a stablecoin system, utilizing the decentralized and on-chain characteristics of blockchain to absorb M2 liquidity from other countries around the world, thereby increasing the demand for U.S. Treasury bonds.
To this end, the Trump administration has eased macro supervision of cryptocurrencies, promoting the implementation of regulatory measures to standardize various aspects of crypto, allowing more funds to enter. The most important infrastructure for stablecoins and on-chain finance (DeFi) is Ethereum. The influx of stablecoins and the continuous development of RWA will lead to further prosperity in DeFi, driving an increase in Ethereum consumption, an increase in GAS revenue, and boosting its market value. $ETH