CMC News

#Ethereum Hits Critical Inflection Point as Real Financial Innovation Takes Hold

#Ethereum is transitioning from speculation to real financial innovation, according to Bernstein analysts.

Mainstream interest is expanding beyond $BTC's store of value narrative toward blockchain-based financial applications.

#Ethereum #ETFs recorded $815 million in inflows over 20 days, turning year-to-date flows positive at $658 million.

Major payment companies like Visa, Mastercard, and Stripe are developing stablecoin strategies on Ethereum's network.

The shift represents crypto's evolution from retail meme trading to institutional #blockchain adoption.

Coinbase is piloting merchant stablecoin payments on its Base layer-2 network.

Robinhood is pushing tokenized real-world assets while Kraken plans tokenized U.S. stocks.

Bernstein maintains a $200,000 $BTC target while highlighting $ETH's position as a decentralized computer.

Transaction fees from stablecoin usage directly benefit Ethereum, creating real utility and value accrual.