Odaily Planet Daily News Bernstein analysts said that Ethereum (ETH) will continue to receive strong investment attention as the financial market pays more attention to stablecoins and asset tokenization. The report pointed out that institutions such as BlackRock will promote ETH to be included in the investment portfolio, while banks and fintech companies will also buy ETH to pay for network transaction fees.
Analysts said: "With the signing of the GENIUS Act by the US President, stablecoins have become legal digital cash. As the main infrastructure of stablecoins, Ethereum is ushering in its highlight moment-ETH has risen by about 45% in the past two weeks." They further pointed out that this marks the beginning of a blockchain financial service cycle, rather than the traditional crypto boom-crash cycle. (The Block)