The surge of Virtual is due to its listing on the Korean exchange Bithumb, which is also the leading AI project on the BASE chain. I believe that if the BASE chain becomes popular, it will benefit Ethereum, as Ethereum's spot ETF has been experiencing continuous net inflows recently. More and more hedge funds and financial services companies are beginning to allocate funds to Ethereum. Currently, the structure of the top 15 investors in the core power of the ETH ETF, BlackRock, is very good. The hedge fund Millennium, which manages over $70 billion, is the largest holder of ETHA, followed closely by top financial services companies like SIG and Parkwood. Meanwhile, the largest holder of Grayscale's ETHE is Grayscale's own parent company. It is worth noting that the Michigan pension fund has also become the sixth largest holder of ETHE.
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It can be seen that Ethereum's trajectory and fundamentals have undergone significant changes, and it is estimated that there will be a new wave of bursts, so holding Ethereum steadily is also a good choice.
Currently, it appears that market funds are gradually shifting from the SOL chain to the two exchange-dominated public chains, BSC and BASE, with many funds seeking opportunities on these two chains.
