Ethereum strength offsets banking concerns in crypto markets

[bonk]

While banks face growing pressure from stablecoins, broader crypto markets are showing resilience. Ethereum activity continues to reach new highs following recent network upgrades, with institutional interest remaining strong. Firms such as BitMine have increased ETH allocations within their digital asset treasuries.

Supportive macro conditions, including easing risk sentiment and expectations around future US monetary policy, are also helping stabilize markets. Analysts say the contrast highlights a key shift: while parts of traditional finance brace for disruption, crypto infrastructure and institutional adoption continue to expand.

[chainsniff]

easing risk sentiment + crypto growth = markets feeling more stable than some banks might like

[JanEmil]

Vitalik is a modern hero.