BlackRock sees Ethereum as a key infrastructure for global tokenization, but rollups, multi-chain and inorganic volumes raise doubts about value capture for ETH.
A wallet on Hyperliquid holds a $649 million long position on Ethereum. With the price below the entry level, the risk of liquidation and a possible domino effect on the crypto market increases.
A Bank of Italy paper warns: a major Ethereum collapse could cripple the network, freeze over $800 billion in tokenized assets, and transfer systemic risk from crypto to traditional finance.