Although Ethereum (ETH) has recently experienced a correction, experts still analyze that there is a strong optimistic atmosphere in the overall market. In particular, various positive signals surrounding Ethereum, which has surged by over 35% in the past month, are drawing attention. Although its 12-month ROI (return on investment) lags behind Bitcoin (BTC), the market atmosphere suggests that the possibility of ETH's rebound is gradually becoming a reality as structural changes such as expanding its base and increasing institutional participation are accelerating.
One of the biggest factors is the concentrated interest from Wall Street. In July, the capital inflow for Ethereum ETF set a record high, reaching $2.12 billion in just one week. This 'demand shock' is also confirmed by investment firms and corporate treasury departments. SharpLink Gaming, a US sports betting company, purchased a total of 280,000 ETH by mid-July, forming a holding of $900 million, emerging as the largest corporate holder surpassing the Ethereum Foundation. They are using these assets entirely for staking, generating millions of won in revenue per share.
Bitmine Immersion Technologies, a blockchain infrastructure company, is also a noteworthy entity. Based in Las Vegas, the company has shifted its business model to focus on Ethereum and launched an ETH fund worth $250 million. Moreover, by bringing in Tom Lee from Fundstrat, who claimed that "Bitcoin will reach $1 million", the company's value has also skyrocketed, with its stock price rising 3,000% in a short period.
Experts also note that Ethereum has strategically focused on improving scalability from Layer 1 to Layer 2. Various Layer 2 projects such as MNT, Polygon (POL), Arbitrum (ARB), Optimism (OP), and StarkNet have distributed some capital inflows, which limited momentary price increases, but this is interpreted as a signal showing the robustness of the entire ETH ecosystem.
Meanwhile, Arthur Hayes, former BitMEX CEO, strongly predicted through his blog that "Ethereum's price will break through $10,000". He mentioned that "just as Solana rebounded to $280 after its collapse, Ethereum is considered the 'most undervalued large coin' among institutional investors".
These four major signals - ETF capital inflow, corporate staking expansion, rising institutional credibility, and Layer 2 ecosystem growth - are interpreted as decisive factors that increase Ethereum's potential for future rebound. Even if Ethereum's price experiences short-term adjustments, the dominant view in the cryptocurrency industry is that the structural bullish trend remains intact.
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