The unique point of sale of Ethereum Blockchain is its role as decentralized computer, said Wall Street Bernstein corridor in a research report on Monday.
Ether entries
The bags quoted in the stock market are increasing as the institutions realize the value proposal of the network, said the corridor.
The blockchain “deserves love”, since it is useful technology, according to the report, recognizing that the largest peer bitcoin in Ether benefits from its perception as a reserve of value or digital gold.
“Interesting cases of use of Blockchain, such as Stablecoins and Tokenization, are natives of Ethereum, wrote analysts led by Gautam Chicugani, adding that the network enjoys a” maximum market share “in these areas.
The companies that use Stablecoin technology are paying transaction rates to Ethereum Blockchain, the report said.
As the institutions become more aware of the value inherent in the network, ETF tickets of ether have begun to collect, the report said.
ETF’s tickets from ETHER reached $ 815 million in the last 20 days, with the net tickets of the year they became positive at $ 658 million, Bernstein said.
“The narrative around the accumulation of value of public blockchain networks is at a critical turning point,” said the corridor, and this is “beginning to reflect in the interest of investors in ETF Eth entrances.”
Read more: ETH increases as ETF Spot tickets reach 15 days, merchants observe the $ 2,540 level
