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Bankless: Understanding the Bull Market for ETH in the Trump Era
Author: David C, Bankless; Translated by: Deng Tong, Jinse Finance
In the two weeks since Trump's reelection, our feelings about cryptocurrency regulation look very hopeful, especially for ETH.
Although ETH has stabilized since its surge after the elections, institutional demand continues to trend upward, and as staking levels reach historic highs, supply will only contract further. This attractive market setup, combined with expectations of relaxed regulations, paves the way for ETH ETF staking and the fee switch for crypto protocols.
As Ethereum is poised to capitalize on these trends, there are solid reasons for its exceptional performance and that of its strongest L2 Base.
In the two weeks since Trump's reelection, our feelings about cryptocurrency regulation look very hopeful, especially for ETH.
Although ETH has stabilized since its surge after the elections, institutional demand continues to trend upward, and as staking levels reach historic highs, supply will only contract further. This attractive market setup, combined with expectations of relaxed regulations, paves the way for ETH ETF staking and the fee switch for crypto protocols.
As Ethereum is poised to capitalize on these trends, there are solid reasons for its exceptional performance and that of its strongest L2 Base.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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