Amid legislative changes and increased institutional investments, Ethereum is showing significant growth. Will this lead to a new financial cycle based on the blockchain?
GENIUS Act: A Factor Driving Ethereum Growth
The GENIUS Act, signed into law by President Trump, officially recognizes stablecoins as legally natural currency. This change creates a federal framework for their issuance. According to Bernstein analysts, since stablecoins are built on Ethereum, regulatory changes directly drive demand for ETH, as banks, fintech, and tokenization projects increase their transactional activity.
Bullish Market Signals and Network Activity
Over the past two weeks, Ethereum's price has surged approximately 25–45%, recently reaching a high of $3,790. This price rally reflects technical breakthroughs and growing interest from institutional investors. Fresh data shows that Ethereum now ranks among the top 30 global assets with a market cap nearing $416 billion. At the same time, significant on-chain activity and buying by large investors are observed.
On-chain data indicates that since July 1, around 23 large players have accumulated 681,103 ETH, valued at approximately $2.57 billion.
Future of Ethereum: Predictions and Prospects
With regulatory clarity, ETF inflows, and expanding use cases for stablecoins and tokenized assets, Ethereum stands at the forefront of financial transformation. Bernstein forecasts that continued institutional allocation and demand for transactions will support ETH's bullish trajectory. This progression indicates that Ethereum is poised not only to regain former highs but to redefine its role in a new era of digital asset adoption.
Thus, Ethereum eagerly awaits the evolution within the growing interest from regulators and financial institutions. The development of legislation and the focus on stablecoins could become key factors for further growth of this cryptocurrency.
