The Ethereum ‘Bank Run’: What’s Happening Between ETH And The Financial Systems?

Real Vision CEO Raoul Pal said banks could eventually adopt Ethereum as a core chain, sparking debate across the crypto community. The article reports mixed reactions — some back Pal’s view on ETH’s long-term utility, while many critics and XRP proponents dispute the idea that banks will standardize on Ethereum. The piece notes ETH trading around $2,312 (TradingView snapshot) and highlights that Pal’s claim has reignited discussion about institutional adoption, which could be bullish if conviction and on‑ramps increase, but market skepticism and competing narratives (notably XRP supporters) temper that outlook.