In the last week, Ethereum recorded an explosion in stablecoin issuance, adding close to $5 billion and taking the overall supply to an all-time high of approximately $165 billion. The platform maintains its dominance in the stablecoin market with a 57% market share, well ahead of rivals such as Tron and Solana. Outside of stablecoins, Ethereum is dominating tokenized real-world assets (RWAs), such as gold and US Treasurys, with market shares ranging as high as 97% when including layer-2 networks such as Polygon. Institutional investors’ quick adoption, such as Fidelity’s release of a tokenized US Treasurys fund, coupled with notable treasury accumulation, has driven Ether’s price more than 200% higher since April, highlighting Ethereum’s position as the blockchain platform of choice for asset tokenization.
KEY LOOKOUTS
• Ethereum contributed close to $5 billion in stablecoins during the previous week, taking the total supply to a record high of $165 billion.
• Ethereum dominates the stablecoin market with 57%, well ahead of Tron (27%) and Solana (less than 4%).
• Tokenized US Treasurys and gold on Ethereum have hit record highs with Ethereum maintaining up to 97% market share on board Polygon.
• Large financial institutions such as Fidelity are tokenizing funds on Ethereum, creating demand for Ether and increasing its price more than 200% since April.
Ethereum is cementing itself as the top blockchain for tokenized assets, with record levels of stablecoins, gold, and US Treasurys on the network. In the last week alone, Ethereum deposited close to $5 billion of stablecoins, adding to the total supply of approximately $165 billion and still holding the dominant 57% market share. Institutional demand is picking up pace, with companies such as Fidelity introducing tokenized US Treasurys funds on the Ethereum blockchain, while treasury companies have stashed almost 4% of Ether’s entire supply in half a year. This quick uptake of real-world assets on Ethereum has not only grown its financial system but also pushed the price of Ether higher by over 200% since April.
Ethereum is still leading the tokenized asset market, with stablecoins, gold, and US Treasurys setting all-time highs. Institutional adoption and treasury accumulation have pushed the price of Ether more than 200% higher since April.
• Ethereum deposited close to $5 billion worth of stablecoins during the last week, taking the overall supply to $165 billion.
• The network is leading in stablecoin market share by 57%, significantly ahead of Tron (27%) and Solana (less than 4%).
• Tokenized gold on Ethereum doubled ytd, with a total of approximately $2.4 billion.
• With Polygon, Ethereum leads 97% of the tokenized commodities market.
• Ethereum platform commands more than 70% market share of tokenized US Treasurys, the second-largest RWA on-chain.
• Institutional investors, like Fidelity, are rolling out tokenized funds on Ethereum, fueling adoption.
• Ether’s price has risen by over 200% since April, fueled by RWA tokenization and treasury accumulation.
Ethereum is quickly becoming the network of choice for tokenized assets, such as stablecoins, gold, and US Treasurys. The network in the last week injected close to $5 billion of new stablecoins into the market, sending the overall supply to an all-time high of approximately $165 billion. Ethereum remains the market leader, possessing 57% of stablecoins and an even larger percentage if one includes tokenized commodities in layer-2 networks such as Polygon. Such expansion is indicative of the network’s popularity among developers and attractiveness to institutional players seeking to tokenize real-world assets.
ETHEREUM DAILY CHART PRICE
SOURCE: TradingView
Institutional adoption is contributing to Ethereum’s growing ecosystem. The largest financial institutions, such as Fidelity, are tokenizing funds like the US Treasurys fund on Ethereum, which indicates faith in the network’s credibility and stability. Furthermore, treasury corporations have been consistently stockpiling Ether, again emphasizing Ethereum’s significance in the wider financial world. With these advancements, Ethereum is not only a digital asset hub but also increasingly a platform for real-world financial products.
TECHNICAL ANALYSIS
Ethereum (ETH) has reported high bullish momentum, overcoming major resistance levels as stablecoin and RWA activity spikes propel demand. The price recently touched an all-time high of just over $5,000, with volumes underpinning the move. Main support levels are emerging at $4,200–$4,300, which should offer a strong foundation for further gains, while short-term signals indicate further buying interest with institutional adoption and network activity showing no signs of weakening.
FORECAST
The short-term prospects of Ethereum look bullish, driven by robust institutional adoption and increasing tokenization of actual-world assets. With present trends remaining the same, the network may witness additional stablecoin inflows and tokenized commodities, potentially driving Ether’s price towards fresh all-time highs. Ongoing accumulation by treasury companies and general market interest in Ethereum-denominated financial products are set to deliver constant upward pressure.
But Ethereum is not devoid of possible corrections either. Institutional adoption slowdown, market volatility, the progress of regulatory actions regarding stablecoins and tokenized assets, or a deceleration in institutional adoption could prompt short-term drawdowns. Traders need to monitor important support areas between $4,200–$4,300 and stay aware of any changes in market psychology that may affect price action in the near term.
