BOMBAZO🔥
📢 Demolishing report on #Ethereum from TME, one of the most followed market analysis portals by INSTITUTIONAL investors
💡I summarize EVERYTHING TME comments and why it is key to understanding the current moment of ETH
📈 ETH in total FOMO
▪️According to TME, Ethereum is experiencing a "speculative fever" that is leaving #Bitcoin behind.
▪️For TME, the risk sentiment is extremely bullish, driven by the same FOMO that moves stocks like Palantir.
▪️This can be seen, among other things, in the Google search chart for the word ETH
🏦 The role of treasuries and ETFs
▪️Since June, treasury companies and ETFs have bought 3.8% of the total ETH supply.
▪️The buying flow is so strong that it seems that large buyers are not looking at price: they accumulate no matter what.
▪️The participation of Bitcoin and Ethereum ETFs within the total ETFs in the U.S. has already surpassed 1.6%, the highest level ever recorded.
▪️To put it in perspective, just two years ago that figure was below 0.3%
▪️TME warns that this is a structural factor sustaining demand.
💵 Stablecoins as the engine of Ethereum
▪️The report states that more than 50% of all stablecoins live on Ethereum.
▪️Today they already represent 40% of the blockchain fees.
▪️Standard Chartered (quoted by TME) estimates that the stablecoin sector will grow 8x by 2028, which would drive revenues from Ethereum fees and burns.
🎯 Price projections according to STANDARD CHARTERED BANK discussed in TME's report
▪️2025 target: $7,500 (vs. $4,000 previously estimated).
▪️2028 target: $25,000 (vs. $7,500 before).
▪️The narrative: Ethereum is transitioning from being just a smart contract blockchain to becoming a global financial infrastructure
📍According to TME, Ethereum is experiencing a wave of FOMO that could push the price much higher