Tom Lee, Fundstrat’s Head of Research says that a catalyst may trigger an explosive increase in Ethereum (ETH) network fees. Ethereum is the second largest crypto by market capitalization.
Lee said in a post on social media that the younger generation would prefer to bank with banks who are crypto-friendly, driving a move towards Bitcoin (BTC), and possibly Ethereum corporate treasuries.
Lee claims that credit card companies, PayPal, and similar businesses will have crypto assets listed on their balance sheet as working capital.
Lee says that some firms like Microstrategy and Metaplanet are arguably the component with “high margins” of future financial architecture.
Investors also say that Ethereum would benefit from such a development, given the dominance of stablecoins which is necessary for supplying liquidity to crypto assets.
Why Ethereum?
— the vast majority of stablecoins are minted using Ethereum — most of the “real world assets” (RWAs) that crypto is based on Ethereum include stablecoins tokenized stocks, tokenized property
Today, stablecoin network fees equal 30% of Ethereum (ETH) fees:
Treasury Sec. Scott Bessent said recently that >$2 trillion US market for stablecoins was reasonable – this represents a 10X growth in network charges for ETH Ethereum – other nations could mint stablecoins, which would be an upside.”
Ethereum, according to DefiLlama has generated more than $20 billion worldwide in network fees. In the past 24 hours, Ethereum brought in $128,709 revenue.
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