$ETH
Brief summary of news and points to watch regarding Ethereum:
Ethereum ETF: Inflows of ~500 million USD on July 10, with an acceleration since the launch of spot ETFs in 2024.
Pectra Update: Scheduled for Q3 2025, aiming to reduce fees and improve scalability.
Institutional adoption: BlackRock and Fidelity are increasing their positions via ETFs.
Companies like ConsenSys are developing enterprise solutions on Ethereum.
Sentiment on X: Bullish posts (@Ethereum, @VitalikButerin) highlight the DeFi/NFT dominance and the impact of ETFs, with a target of 5,000 USD by mid-July.
Risks: Competition from Solana/BNB Chain for DeFi/NFT.
3% drop on July 12 after tariff announcement by Trump.
$High fees compared to Solana, although Pectra could mitigate this issue.
As the number 2 cryptocurrency, ETH is attractive for its ecosystem and adoption but competition and high fees require careful management. Its correlation with Bitcoin (~0.8) makes it a good complement in a crypto portfolio.
So I was wondering: are you more team BTC or ETH?
Looking forward to seeing your reactions and max likes 👍