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ETH/BTC Breaks Out to 0.02858 as Tokenization Fuels Ether Rebound

Ether has rebounded 3% to trade near $1,798 as tokenization momentum and institutional inflows reignite market optimism. The move follows earlier concerns over 1 gwei fees reducing ETH burns, a modest 1.3% dip in liquid staking TVL to 14.5 million ETH, and U.S. node concentration risks reaching 31.6%. Positive ESG metrics showing a 99.98% drop in energy use and strong staking inflows provided a foundation, while Robinhood Chain’s $106 million deposits and Ethereum’s 47% RWA share drove the latest advance. ETH/BTC’s breakout above June resistance to 0.02858 now signals potential rotation, supported by $128 million in ETF inflows.

Category

Ethereum

Sentiment

Mixed

Event

Market commentary

Reading time

1 min