Crypto 350
07/19 02:27
Wall Street backs Ethereum as ETH stablecoin dominance hits 54%
From stablecoins to staking, ETH is becoming the reserve asset of the onchain economy.
Key takeaways
Ethereum is gaining momentum with a 20% rally, driven by U.S. policy support, growing DeFi demand, and major institutional treasury allocations. Falling Bitcoin dominance and rising Ethereum activity hint at an incoming altseason led by ETH.
Ethereum [ETH] is back in the spotlight – and this time, Wall Street is watching closely. As stablecoin adoption soars and real-world assets go on-chain, ETH is emerging as more than just a utility token.
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