There are so many reasons why $ETH is looking extra based right now:
• 64.44% of the total stablecoin supply • 66.2% of all tokenized assets • 68% of DeFi TVL • 90% of all crypto lending revenue • $109B worth of ETH staked
Institutions are clearly building and tokenizing on Ethereum
And the next step is obvious, they’ll need to buy and stake $ETH to secure what they’re building
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There are so many reasons why $ETH is looking extra based right now:
• 64.44% of the total stablecoin supply
• 66.2% of all tokenized assets
• 68% of DeFi TVL
• 90% of all crypto lending revenue
• $109B worth of ETH staked
Institutions are clearly building and tokenizing on Ethereum
And the next step is obvious, they’ll need to buy and stake $ETH to secure what they’re building
Bullish from every angle