Ethereum has recently become a hot topic in the crypto market, with its price breaking through $3,800 in one fell swoop. Behind this, the world's largest asset management company BlackRock has played a significant role in promoting it.
BlackRock has issued a tokenized money market fund called BUIDL, with a total size of $2.9 billion. What is noteworthy is that more than 92% of the funds, or $2.68 billion, have been invested in Ethereum. Not only that, it also purchased Ethereum as a custody fund for the iShares ETHA product, holding more than 1.35 million ETH, which is worth about $3.71 billion at the current price. Big companies like BlackRock are so optimistic about Ethereum, which is like injecting a shot of adrenaline into the market. Everyone's confidence in Ethereum has suddenly increased, and a large amount of funds have followed, which has also strongly promoted the rise in Ethereum prices.
However, the future of Ethereum is not smooth, and there are still many risks waiting for it. From a technical point of view, although the Ethereum 2.0 upgrade can bring many new changes, various difficulties may be encountered in the process. Take the PoS mechanism as an example. It requires the coordinated operation of various nodes and the security of the entire network. As long as there is a problem in one link, it may cause network failure, which will not only affect user use, but also damage the reputation of the platform.
Competitive pressure should also be taken seriously. Now new public chains are constantly emerging, such as Solana and Sui. They have attracted many developers and users with their advantages of high performance and low handling fees, and slowly snatched Ethereum's market share.
In addition, there are some hidden dangers within the Ethereum ecosystem. For example, the Ethereum Foundation has cashed out and left the market, and the transaction activity on the chain is also declining. These problems are slowly weakening the market's confidence in its long-term value. Therefore, brothers, when you see the opportunities brought by BlackRock's layout, don't ignore these risks$ETH #以太坊突破3700
