Tom Lee Explains Ethereum's Killer Application as ETH Bucks Market Downturn
Fundstrat co-founder Tom Lee says Ethereum (ETH) is becoming the settlement layer for Wall Street and artificial intelligence (AI). He repeated the claim as ETH held up better than most major cryptocurrencies over the past week.
Ether Holds Up While Rivals Slip
Ether was among the few top-ten assets to trade higher over the past seven days. Tron (TRX) was the only other gainer, with stablecoins excluded. Bitcoin (BTC), BNB, XRP, Solana (SOL), Zcash (ZEC), and Hyperliquid (HYPE) all posted weekly losses, several exceeding 3%.
Ether changed hands around $2,518 on Monday, down roughly 0.1% over 24 hours. Bitcoin traded near $77,100, off more than 1.5% for the day.#AnthropicCEOCallsForAISlowdown $ETH
Fundstrat co-founder Tom Lee says Ethereum (ETH) is becoming the settlement layer for Wall Street and artificial intelligence (AI). He repeated the claim as ETH held up better than most major cryptocurrencies over the past week.
Ether Holds Up While Rivals Slip
Ether was among the few top-ten assets to trade higher over the past seven days. Tron (TRX) was the only other gainer, with stablecoins excluded. Bitcoin (BTC), BNB, XRP, Solana (SOL), Zcash (ZEC), and Hyperliquid (HYPE) all posted weekly losses, several exceeding 3%.
Ether changed hands around $2,518 on Monday, down roughly 0.1% over 24 hours. Bitcoin traded near $77,100, off more than 1.5% for the day.#AnthropicCEOCallsForAISlowdown $ETH
