Crypto ideas

08/08 07:10

According to Lee, Ethereum’s secure and regulati

According to Lee, Ethereum’s secure and regulation-friendly architecture makes it the ideal foundation for stablecoins and asset tokenization, critical components of the evolving digital economy.

This, he believes, strengthens Ethereum’s case as the backbone of future financial infrastructure. 

“Well, I think Ethereum is having its 2017 moment now because now is the time that Wall Street will take tokenization seriously, and it’s taking place on Ethereum. I do think it is the biggest macro trade for the next decade.”

This bullish outlook aligns with Ethereum’s recent price action, as the altcoin traded at $3,764.29 at press time, up 3.58% in the past 24 hours, according to CoinMarketCap.

Technical indicators like the RSI and MACD also supported the upward momentum, signaling a strong bullish trend.

However, with the RSI hovering in the overbought zone, analysts caution that a short-term pullback could be on the horizon before any further rally.

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