Cryptopolitan reports a significant shift in the cryptocurrency market as institutional investors increasingly favor Ethereum and Solana over Bitcoin. This trend stems from new investment products that facilitate institutional cryptocurrency purchases.
On Wednesday, the US Securities and Exchange Commission (SEC) approved the listing and trading of options on certain Ethereum-backed exchange-traded funds (ETFs). These include BlackRock's iShares Ethereum Trust, the Bitwise Ethereum ETF, and Grayscale's Ethereum Trust products.
Paul Atkins has recently taken the helm of the US Securities and Exchange Commission (SEC). With the official holding office, there may be a sudden shift in how the agency regulates.
Activity on Ethereum-based decentralized exchanges (DEX) continues to decline. Coinotag reports that the number of unique daily traders has fallen to 40,000, almost half of the peak of 95,000 recorded in late 2024.
The total cryptocurrency market capitalization has fallen 30% from its December 2024 peak of $3.9 trillion to $2.7 trillion in April 2025. This significant decline comes amid uncertainty following new US tariffs, an announcement that has rattled investors, according to CoinMarketCap.
The real-world asset (RWA) tokenization market has surpassed $10 billion in total value locked (TVL) on blockchain platforms. This milestone marks a significant development in the convergence of traditional finance and blockchain technology.
Bitcoin and Ethereum dropped 5.3% and 11.8%, respectively, on Monday amid escalating global trade tensions triggered by the US administration's policies. The correlation between traditional asset markets and cryptocurrencies became particularly evident.
According to data published by Mercuryo, traders are increasingly turning to relatively safe crypto assets such as bitcoin and stablecoins, turning away from riskier investments. This change in behavior is due to US President Donald Trump's tariff policies.
Ethereum developers have officially announced the Pectra update is to be released on May 7, 2025. It will be one of the biggest developments in the blockchain since March 2024.
Ethereum has tumbled below $1,800, posting a 4% daily loss and a steep 16% monthly drop. According to CryptoQuant, ETH's decline reflects both macroeconomic pressures and weakening network activity, with active addresses dwindling and transaction fees plummeting.
Fidelity's new initiative will allow its clients to invest in Bitcoin, Ethereum and Litecoin through Individual Retirement Accounts (IRAs), the tax-advantaged retirement accounts primarily used in the US, according to CoinTurk News.
Ethereum is the world's second largest cryptocurrency after bitcoin. It allows creating and managing smart contracts and decentralized platforms. The coin is actively used in the blockchain, and is also popular in the NFT, DeFi, and other digital services.
Major factors that determine the value of ETH include:
The liquidity of Ethereum is supported by its extensive application within the financial sector and across different blockchain projects.
Moreover, an extensive ecosystem of NFTs, decentralized exchanges, and new digital solutions creates a stable interest in the cryptocurrency.
Forecasting the ETH price is a complex task, as it is formed under the influence of many factors. For successful trading and investing, it's important to take into account regulatory changes and analyze network activity.
