HawkInsight

  • Contact Us
  • App
  • English

Analyst: Ethereum's highlight moment is the beginning of the blockchain financial services cycle

According to online reports, according to TheBlock, Bernstein analysts pointed out in the report that Ethereum (ETH) will continue to receive strong investment attention because financial markets 'attention to stablecoins and asset tokenization is expected to continue to rise. They also expect that the influence of asset managers such as BlackRock will drive the allocation of ETH in institutional portfolios, while banks and fintech companies will also buy ETH to pay for transaction fees on the Ethereum network. Analysts at Bernstein said: Last Friday, the US President signed the GENIUS Act, and stablecoins are now officially legal digital cash in the United States. Considering that Ethereum is the main underlying channel for stablecoins, its highlight moment has finally arrived-ETH has risen by about 45% in the past two weeks. Analysts also added: This is not a typical cryptocurrency boom-bust cycle, but the beginning of a blockchain financial services cycle.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More