EthereumA research analyst at Bernstein wrote on Wednesday The dramatic rise of the week stemmed from the increased utility of digital assets and the usefulness of blockchain and stable coin payments as more than an increase in institutional and retail profits.
Analysts pointed to the growing adoption of stubcoin for cross-border payments, the possibility that brokerages such as Robinhood offer tokenized stocks on their own blockchains (possibly built with Ethereum), and the shift in token investors’ perceptions amid recent spikes in the crypto market.
“The story moves beyond merely valuable storage and in favour of institutional adoption of blockchain and stable payments.
That’s what Ethereum was Recent trading The 42% increase over the past seven days, just below $2,600, is far more than Bitcoin and other major altcoins. This is part of a surge in the broader crypto market. Bitcoin It has risen by about 6% over the same period Solana I jumped 21%. Ethereum started last year’s spike after perfection on Thursday Pektra An upgrade that helps to address criticisms about blockchain speed and efficiency.
The second largest crypto by market capitalization was hovered between $1,500 and $1,700 for most of 2025. Councillor We are now discussing bills that regulate them.
Payments Services Provider Stripe recently debuted a Stablecoin-based account for business customers, completing its acquisition of Stablecoin Infrastructure Firm Bridge in February, while social media platform Meta has relaunched its own Stablecoin Venture.
“Stablecoins focuses on the underlying blockchain networks Platform proxy is a proxy for exposure to growth trends,” the note read, adding that Ethereum holds a dominant 51% share of minted stablecoin supply.
stablecoins A digital token that is fixed to nonvolatile assets (usually dollars) that traders can use to conduct crypto trading without using traditional bank rails.
The report highlighted Robin Hood. $179 million purchase Crypto Exchange I run my own Layer-2 network on Wonderfi’s Ethereum.
“Brokers such as Robinhood could offer tokenized stocks in their own blockchain built on Layer 2 Ethereum. Layer 2 chains use ETH as the underlying currency for gas prices, which helps to drive ETH distribution and demand.
“Lead 2 chains such as bases are also used for security and payments, so they also pay ETH gas fees to the underlying Ethereum Layer 1 network. This could be a template for asset managers and institutional users who will launch their own Layer 2 chains on Ethereum.”
Bernstein said ETH and non-Bitcoin assets gatherings will support crypto exchanges and broker-dealers.
“After the tariffs that affected April, this could be a stronger month for retail crypto trading volumes. Both coins and food should be beneficiaries,” the analyst wrote.
edit James Rubin