Bitwise Senior Investment Strategist Juan Leon stated in a letter shared with investors that ETH is expected to recover in 2025, capitalizing on the $100 trillion opportunity brought by RWA tokenization. He emphasized that this year, the cryptocurrency market has two characteristics: BTC hitting an all-time high and the meme coin craze driving SOL up. Therefore, compared to BTC's 130% increase and SOL's 106% rise, ETH's 66% return so far this year seems modest.
However, recent signs indicate that market sentiment is reversing. In the past 10 days, the Ethereum ETF attracted $2 billion in net inflows, which is 8 times the $250 million net inflow of the previous four months. Additionally, in the last 10 trading days, only 3 days had Ethereum ETF daily inflows below three digits. This surge indicates that both institutional and retail investors are regaining interest in Ethereum.
Moreover, RWA tokenization could be the driving force behind Ethereum's revival, with a global value of approximately $100 trillion. While much of this market may take decades to shift to blockchain, Leon sees tremendous potential upside. Given that Ethereum holds an 81% share of the RWA market, Leon estimates that the fees generated from RWA-related activities on Ethereum could eventually exceed $100 billion annually, more than 40 times the $2.4 billion fees the network has generated so far this year. (CryptoSlate) #opbnb