Analysis: The price of Ethereum has dropped 60% from its peak, but traditional financial institutions continue to bet on it
According to Cointelegraph, despite the ETH price dropping 60% from its peak and currently hovering around $1,959, traditional financial institutions are still accelerating their adoption of the Ethereum network.
Data shows that Ethereum and its layer two networks account for 65% of the total value locked (TVL) market share, with the Ethereum mainnet accounting for 57%, approximately $52.4 billion. Major financial institutions such as JP Morgan, Citi, Deutsche Bank, and BlackRock have recently launched on-chain projects on Ethereum, including tokenized funds, dedicated layer two scaling solutions, and bank-issued stablecoins. Ethereum holds a 68% market share in the real-world assets (RWA) sector.
Ethereum co-founder Vitalik Buterin is shifting his focus to layer one scaling and zero-knowledge Ethereum Virtual Machine (ZK-EVM) to ensure long-term on-chain efficiency and security. Although decentralized exchange (DEX) trading volume has decreased by 55% over the past six months, Ethereum still maintains a first-mover advantage in institutional-grade on-chain activity.
You may also like

Six Major Complaints from an Ethereum Developer

The era of regulatory arbitrage has come to an end, and the value of cryptocurrency exchange licenses is being fiercely contested

He Yideng ranked: Since you're here, you might as well

Bitcoin Price Prediction 2030: Will BTC Really Hit $1 Million?

Best Moomoo Alternatives in 2026: Trade Stocks, Gold & Forex With USDT

Tokenized US Stock Duel: Ondo vs. xStocks, Who is Defining On-Chain Nasdaq?

WEEX GOGOGO EP3|LALIGA Road to Gold – 6 Explosive Moments, 1 World Cup Ticket, and a Night Nobody Will Forget

Ten Thousand Characters Breakdown of On-Chain Vaults: Eight Major Tracks, Who is Rising and Who is Declining?

Hash Global Founder: Why I Also Chose to Liquidate All My ETH?

Morning News | Coinbase partners with Standard Chartered Bank to expand multi-currency fiat channels; Sharplink and Forward will be included in the Russell Index; JPMorgan may issue stablecoins in the future

Morning News | Hyperliquid launches off-chain event prediction market contracts; Strategy completes $1.5 billion debt buyback; Kelp DAO announces rsETH has fully recovered

Bankless Founder: Why I Sold All My ETH

Senior Public Company Financial Audit: Taking Hashkey as an Example, Discussing Which Account to Include for Exchange Issued Platform Tokens?

How did Micron win a trillion-dollar market value while Samsung relies on technology cycles and Hynix relies on HBM?

Dialogue with AEON co-founder Leo: The real bottleneck of the Agentic Economy is not the model, but the settlement

2 years, 225 times the return? Unveiling the mysterious researcher Serenity's AI "bottleneck" investment technique

B.AI partners with BNB Chain to launch the "Billion AI Token Subsidy" celebration, fully igniting the on-chain intelligent agent ecosystem

