Ether's Itch for Higher Ground
Increase in Ethereum Price Over the Last Week: Bernstein's Analysis
Ethereum has exploded in value over the past week, and analysts predict this climb will continue.
Ethereum's jaw-dropping climb over the past week can be attributed to a range of factors, with the biggest influences being a surge in digital assets' utility, increased institutional and retail attraction to blockchain, and growing adoption of stablecoins for cross-border payments. As Bernstein analysts noted in a recent report, more crypto markets are moving away from viewing digital assets solely as a store of value.
The report highlights several key drivers of Ethereum's price increase, including:
- Stablecoins: Stablecoins are electronic tokens pegged to stable assets, often the U.S. dollar. The increased use of these tokens for crypto transactions has boosted Ethereum by making the coin a vital cog in the blockchain wheel. Notably, stablecoins make up 51% of the total stablecoin supply issued, placing Ethereum in the driver's seat.
- Brokerages Offering Tokenized Equities: Platforms like Robinhood have expressed interest in offering tokenized equities on their blockchain systems, constructed on Ethereum. By using Layer-2 networks, these brokerages are somewhat dependent on Ethereum for their operations, as they utilize the token for gas fees and to maintain security.
- Institutional Adoption: With a more crypto-friendly political climate in the U.S., we've seen increased interest in digital assets, including stablecoins. Lawmakers have been debating a bill that would regulate stablecoins, a move that could further legitimize the crypto space and bring more institutional investors into the fold.
To put Ethereum's gain into perspective, the coin was trading just south of $2,600, representing a 42% jump over the past week. This surge has outperformed Bitcoin and other major altcoins, giving Ethereum a significant edge. The broader crypto market has also experienced growth, with Bitcoin up around 6%, while Solana has soared by 21%.
Ethereum's recent upswing was largely fueled by the successful implementation of the Pectra upgrade, which aims to address criticisms related to the blockchain's speed and efficiency. Prior to this upgrade, Ethereum had been stuck in a rut, fluctuating between $1,500 and $1,700 throughout 2025.
As the hype around cryptocurrencies grows, we're likely to see more utility-focused development and increased investment in the space. Blockchain and stablecoin payments have the potential to redefine the way businesses operate, making it an exciting time to be involved in the world of digital assets.
Must-read report about the Ethereum's price surge: Bernstein's Update on the Ethereum Rally
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Weekly Wrap-up in Cryptoland
While investors flock to the latest digital assets buzz, here's a brief rundown of what's been happening in the world of crypto:
- Stripe's Expansion: Payments services provider Stripe recently debuted stablecoin-based accounts for its business customers and completed the acquisition of stablecoin infrastructure firm Bridge in February.
- Meta's Return to the Stablecoin Race: Social media giant Meta has resumed its stablecoin project, signaling growing interest in these digital assets among major tech companies.
- Robinhood's Ambitious Move: After acquiring crypto exchange WonderFi, which operates a Layer-2 network on Ethereum, Robinhood plans to offer tokenized equities on its blockchain.
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Bernstein's Update on the Ethereum Rally
- The surge in Ethereum's value over the past week can be attributed to various factors, including a rise in digital assets' utility, increased institutional and retail attraction to blockchain, and growing adoption of stablecoins for cross-border payments.
- More crypto markets are moving away from viewing digital assets solely as a store of value, as highlighted in a recent report by Bernstein analysts.
- Stablecoins, electronic tokens pegged to stable assets, often the U.S. dollar, have boosted Ethereum by making the coin a vital cog in the blockchain wheel, as they make up 51% of the total stablecoin supply issued.
- Platforms like Robinhood have expressed interest in offering tokenized equities on their blockchain systems, constructed on Ethereum, utilizing Layer-2 networks for their operations.
- With a more crypto-friendly political climate in the U.S., there has been increased interest in digital assets, including stablecoins, and lawmakers have been debating a bill that could further legitimize the crypto space and bring more institutional investors into the fold.
- Ethereum was trading just south of $2,600, representing a 42% jump over the past week, outperforming Bitcoin and other major altcoins such as Solana, which soared by 21%.
- The broader crypto market has also experienced growth, with Bitcoin up around 6%.
- The successful implementation of the Pectra upgrade has helped Ethereum address criticisms related to the blockchain's speed and efficiency, boosting the coin after it had been stuck in a rut throughout 2025.
- Blockchain and stablecoin payments have the potential to redefine the way businesses operate, making it an exciting time to be involved in the world of digital assets, including Bitcoin, altcoins, stablecoins, and other decentralized technologies like Ethereum, DApps, and tokens.
