While the Ethereum Foundation faces criticism from the community for its financial management, there are some analysts that argue that Ethher (ETH), the native cryptocurrency of the Ethereum Network, is currently overvalued.
At least this is expressed by Axel Bitblaze, market analyst, who through a publication in his X account explains the reasons why He feels «more optimistic than ever with Ethereum.»
For the analyst, the executive order signed by US President Donald Trump will favor Bitcoin (BTC) and the rest of the cryptocurrencies.
As Cryptonoticias already reported, the Republican leader signed the first executive order that establishes The creation of a cryptocurrency advisory council to develop a strategic BTC reserve. In addition, CBDC in the United States are prohibited, arguing that these represent risks to privacy, sovereignty and financial stability.
Likewise, the analyst stands out that The current developments of Ethereum and news in their network will send the price of ETH to new historical maximums.
The first reason is the launch of Etherealization, a Starup that is defined as an «institutional marketing and products» arm «for the Ethereum ecosystem. Its main objective is to connect Wall Street with the network created by Vitalik Bugerin.
In this regard, Bitblaze says: “Ethereum has launched Etherealiz, which aims to accelerate adoption by attracting institutions to Ethereum. This is what will make assets such as bonds and actions to incorporate institutions to Ethereum. ”
In this way, the ecosystem plans to position as a weight competitor in the real world asset industry (RWA).
As Cryptonoticia already reported, asset tokenization is emerging as one of the most disruptive trends for this year, which has led to signatures such as Standard Chartered To project that the real world asset industry (RWA) will reach 30 billion dollars by 2034.
If Ethereum is consolidated as the ideal network to perform tokenizations, the demand of ETH will increase due to its use in the payment of gas rates.
On the other hand, the specialist mentions that World Liberty Financial (WLFI), the Decentralized Finance Platform (DEFI) linked to Trump, began to make staking. For Bitblaze, This represents “a call for attention” for all institutions that buy and maintain ETH through Blackrock or other emitting fund emitters on the stock market (ETF). In addition, he adds:
«I think they will also seek yields, which will push the SEC to enable the Staking function in EHTER’s ETFs. At this time, there are not many incentives for institutions to maintain ETH instead of Bitcoin. However, with the staking function enabled, tickets to ETH funds will increase rapidly, which will cause a price increase ».
Axel Bitblaze, cryptocurrency market analyst.
Finally, Bitblaze points out that Pectra operation will be key to this ecosystem. This update, which will be launched at the beginning of March, will allow users of external property (EOA), such as Wallets, delegate them to an intelligent Ethereum contract. This is expected to reduce the need to sign transactions and gas costs on the network.
As reported, Pin will improve Safety, scalability and operational efficiency in Ethereumboth in the execution layer and in consensus. «This will be the biggest update of the history of the network,» adds the specialist.
Although without mentioning it directly, the analyst offers a final reflection aimed at ecosystem members who feel dissatisfied with the performance of ETH compared to assets such as Bitcoin or Solana (Sun).
Bitblaze says: “I know that all of you are waiting for new historical maximums, but sometimes, good news or events do not impact prices immediately. In my opinion, many of the next events are not yet reflected in the price, but they will certainly occur in the near future. ”