Ethereum As The Default Crypto Backbone: The Real Reason Behind Tom Lee’s Pick

Ethereum has become the default settlement layer engine of decentralized finance, and Tom Lee, the co-founder of Fundstrat Global Advisors, has recently expressed a bullish stance on ETH that was far from a random ￰0￱ dominant position explains why Lee’s confidence in ETH is rooted in speculation and the backbone of digital ￰1￱ Ethereum Powers The Largest Share Of Decentralized Finance In an X post, analyst AdrianoFeria has highlighted that Tom Lee, the co-founder of Fundstrat Global Advisors, has chosen ETH because it is the default choice for stablecoins, tokenization, and DeFi, and the very rails on which the future of finance is being ￰2￱ is the internet of finance, and Wall Street is finally waking up to the ￰3￱ Reading: Ethereum Price Hits Fresh High as Bulls Dominate, Bitcoin Slides Lower Tom Lee and more high-profile figures of institutional finance are entering the ETH race and quietly building ￰4￱ analyst noted that Ethereum treasuries are not just decentralized asset trackers (DATs).

Rather, they are the perfect vehicle for influential billionaires who are late to ETH to gain leveraged exposure, while gifting early investors an entire army of mainstream ETH bulls who will defend their allocation in the media and ￰5￱ has also stated that the representation of these treasuries and the capital flowing in is not just retail noise anymore, but is big money with a ￰6￱ people backing Ethereum are changing the story at the highest levels of finance, and ETH is getting closer to cementing its role as the backbone of global markets. However, this isn’t Bitcoin’s game anymore. It’s Ethereum’s internet of finance, and the smart money knows ￰7￱ those still clinging to the tired argument that ETH isn’t a store of value, the market has been slapping that narrative down for a ￰8￱ endless FUD from no-coiners and even insiders, ETH has been the best-performing asset in the world over the last ten ￰9￱ ETH’s Volume Momentum Could Matter For Bulls Following its recent upward trend to a new all-time high, AdrianoFeria also revealed that the ETH momentum over the past three months has been more than just price ￰10￱ has been a showcase of growing market ￰11￱ most altcoins, ETH has consistently brought higher trading volume on exchanges compared to any other crypto asset, including ￰12￱ Reading: Ethereum Upper Realized Band Signals Market Heat: Profit-Taking Zone Ahead?

ETH’s volume has been trending upward steadily, while signaling sustained investor interest and market ￰13￱ widening gap between ETH and BTC trading volumes underscores a shift in market attention, and as ETH/BTC continues to climb, more traders and institutions are prioritizing ￰14￱ image from iStock, chart from ￰15￱