It’s hard to believe that ETH was languishing at less than $1500 in April. Now it’s above $3800 again.

Ethereum’s comeback is the story of the summer. Through ($2 billion inflows in two weeks), ETH and excitement around tokenization, the comeback is well and truly on. And are .

One of BlackRock’s key digital assets stars .

As EY’s Paul Brody wrote this week, with institutions, and will probably keep winning for decades to come. The incumbency of the Network Effect – that a critical mass of transactions in stablecoins and tokenization will fall to Ethereum – makes it a de facto network.

We’ll see.

In markets:

While bitcoin held steady under 120k, Hell. Most of the crypto market is looking relatively healthy these days.

And, according to President Trump, Jerome Powell could soon cut rates (or get fired). If so, that will help risky assets like bitcoin et al.

In other big news:

Roman Storm’s Tornado Cash trial intensified.

but faces

See you next week.