Bitmine Immersion (BMNR), the company cited on Nasdaq, continues to work on its ambitious plan to win 5% of Ether’s circular supply (ETH), a traditional cryptocurrency for Ethereum.
Currently, abandoned Bitcoin mining with a focus on accumulation of this asset At current prices, there are a total of 2.15 million ETH units worth $1,649 million.
Another issue to emphasize is that The second largest world – Ministry of Digital Assets Treasuryonly facing up by strategy, the company supervised by Michael Saylor has a Bitcoin (BTC) reserve.
The person behind this goal is Tom Lee, co-founder of FundStrat and president of Bitmine, who highlighted the possibilities of the Ethereum Network for the next few years within the framework of the last business balance.
“Wall Street and AI (artificial intelligence) are based on blockchain, and Ethereum is where most of this is built. This is why we consider it similar to the “1971 moment,” when 2025 officially abandoned the gold pattern,” because Bitmine follows a similar strategy to its strategy.
This kind of parallelism with 1971, the year when US President Richard Nixon ended the year that converted the dollar into gold, abandoned the gold pattern.
The comparison stands out The role of Ethereum as a critical infrastructure in convergence between traditional financial markets. (The mention of what is being referred to as “Wall Street” rather than the geographical area itself, and AI places it as the epicenter of financial and innovation.
In other words, the ecosystem created by Vitalik Buterin can redefine the financial system. For example, intelligent contracts that replace bank functions, increased safety, and safety; Roll up Optimize transaction efficiency.
For this reason, Lee states: “We continue to believe that Ethereum is one of the biggest macrobets in the next 10-15 years. The transition to Wall Street and AI’s cryptocurrency networks should lead to greater changes in the current financial system.
One of these major changes mentioned is due to the National Innovation Orientation and the Estab Coin Establishment Act. It is well known as a genius law.
The rules, already approved by the US Congress and promulgated by President Donald Trump, propose to integrate the country’s financial system. In addition to creating clear rules for issuing and operating this type of digital assets.
The purpose of this rule is to ensure that each stub coin has an actual 1:1 backup for $1.
As Cryptootics reports, Ethereum is currently concentrated 54% of the Stablecoins market reaffirms its story as a “home” of these assets. And it’s important to point this out. Because there is still room under the roof to receive guests.
Most of these currencies are already circulating on Ethereum, and as much of future broadcasting is concentrated on integrated networks, this growth is aimed at directly benefiting the network.
According to a Node Analytica study, the Genius Act could increase 15 by 2030, reaching $4 billion.
If this scenario is specified, Ethereum has an additional impulse. More stubcoins in your network increase the need to use ETH to cover feeswhich serves as an asset demand engine and, as a result, a catalyst for its prices.
However, in a dialogue with Cryptootics, from the Coinex Cryptocurrency Exchangex team, they put a cold cloth on the issue and explained the double impact this rule could have on Ethereum.
“On the one hand, by providing normative clarity and attracting traditional financial institutions to the crypto space, this could lead to greater adoption and growth. This would likely increase the demand for the Ethereum network. On the other hand, it raises challenges to the decentralized nature of Ethereum, leading to greater centralization within Ethereum.”
Additionally, experts say: “To solve this problem, the ecosystem requires a combination of community technology, policies and commitments to navigate the new regulatory environment without sacrificing the fundamental principles of a decentralized and open financial system.”
Lee’s opinion reflects the potential bullishness of the network, but we need to see if Ethereum can balance the expansion of its ecosystem’s decentralization and conservation.
(tagstotranslate)Cryptocurrencies
