According to Odaily, Tranchess has announced that the ongoing growth in demand for Ethereum is expected to continue. The company predicts that liquidity pledge products and related products such as qETH and STONE, along with staYSTONE and turPSTONE, will continue to attract attention.
The introduction of an Ethereum (spot) ETF is expected to increase institutional investors' interest in Ethereum and pledged assets. This, in turn, is anticipated to drive up the value of Ethereum and the demand for the network, leading to a subsequent rise in pledge yield rates.
Tranchess's statement reflects the growing interest in Ethereum and related products in the cryptocurrency market. The company's prediction of continued demand growth for Ethereum and related products indicates a positive outlook for the cryptocurrency's future.