In this market phase, ETH is always running behind.

However, recently the market sentiment has changed a bit, and it can be felt that ETH is about to make a comeback.
For example, Wall Street prophet Tom Lee has this time completed a funding round of 250 million USD through BitMine, almost all of which is used to purchase ETH, making BitMine one of the largest holders of ETH, even surpassing SharpLink and the Ethereum Fund. As for the scale of the amount, let's not talk about it for now, but it is clear that more and more companies view ETH as a long-term reserve tool.
And Ark Invest is also adjusting their strategy: on one hand reducing their stake in Coinbase and Robinhood, while on the other hand increasing their holding of 4.4 million shares of BitMine. What does this indicate? Institutions are no longer just looking at a single platform, but instead are focusing on the overall development of the ETH ecosystem.
There is one more interesting thing, Tom Dunleavy of Varys Capital and Kyle Samani of Multicoin recently made a bet: whether ETH can surpass 10,000 USD by 2026. Although this is a personal action, it has also made many people start to pay attention to the future of ETH.
Therefore, when we are interested in this industry, it is not just about looking at individual products, but also how they operate within the Web3 ecosystem.
Of course, the evaluation doesn't need to be rushed; what's important is to feel the changes that are happening.