Ethereum Hits $2669 Amid Institutional Flows, RWA Tokenization Fueling Bullish Breakout

Ethereum (CRYPTO: ETH) is trading at $2669, marking a steady rise toward the $3000 mark. The second-largest cryptocurrency by market cap has surged over 5% over the past week amid rising institutional interest, with BTCS boosting holdings, RWA tokenization on Ethereum Layer-2s, and a bullish price structure.

Blockchain company, BTCS Inc., has expanded its ETH holdings with a fresh purchase of 3450 ETH amounting to $8.43 million. The company’s total Ethereum holdings are over 12,500 ETH, marking a 38% increase.

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CEO Charles Allen stated that Ethereum is central to BTCS’s blockchain infrastructure approach. The company is enhancing the base needed to scale validator operations and boost …

Full story available on Benzinga.com