Ethereum

🚨 Ethereum’s Strategic Reserve just hit 550,000 ETH! 📈

Here’s why this number will keep climbing and why it’s bullish for Ether:

🔹 L2s, DeFi protocols, and other ecosystem stakeholders all directly benefit from a stronger ETH.
🔹 Better aligned incentives across ecosystem participants will encourage more organizations to join and hold ETH.

➡️ A strong ETH price means more liquidity, higher collateral values, and increased borrowing potential throughout the DeFi ecosystem.

➡️ Layer 2 solutions significantly benefit from Ethereum’s price appreciation, as increased liquidity and valuation enhance their long-term viability and success.

🎯 In short, every Ethereum project, protocol, and Layer 2 network has a vested interest in ETH’s strength and growth.

Head of Research @onchainhq
 🔎 | Get Insights into the most important Onchain Trends | Uncover future-shaping Developments.📈

https://linktr.ee/LeonWaidmann

ETH is a gas token. Nothing more. Its like a strategic oil reserve. The price is massively ov and will lose to btc everytime. It’s attractive at sub $200.