Cryptoinformations

Introduction
$SOL transforme le monde de la crypto avec sa blockchain ultra-rapide et ses transactions à faible coût. En 2025, c'est un favori pour les développeurs et les investisseurs, alimentant DeFi, NFT et applications Web3.
Qu'est-ce qui rend Solana spécial ?
Solana traite jusqu'à 65 000 transactions par seconde, écrasant de nombreux concurrents. Son mécanisme unique de preuve d'historique date les transactions, assurant la rapidité sans compromettre la sécurité. Contrairement à $ETH , qui a des frais de gaz élevés, les transactions de Solana coûtent des centimes, ce qui en fait une option idéale pour les développeurs construisant des dApps.

ETHZilla’s stock price has rallied since pivoting to Ethereum $ETH treasury holdings.
ETHZilla, a company that recently pivoted from biotech into cryptocurrency, has authorized a $250 million share repurchase program, highlighting how firms are beginning to tap crypto gains for liquidity.
The announcement follows ETHZilla’s $403 million Ethereum $ETH
purchase — totaling 102,237 ETH $ETH at an average of $3,948 per token. At current market prices (≈$4,559), these holdings are worth nearly $489 million, part of which will now be staked with Electric Capital.

BitMine Immersion (BMNR) now leads ETH treasuries with more than 1.7M ETH.

The pivot to ETH has revived ETHZilla’s stock price, which was previously struggling under weak fundamentals and heavy losses. In 2024 alone, the company reported an accumulated deficit exceeding $141 million. Despite this, management’s new buyback strategy echoes classic corporate triggers such as “market conditions” and “capital allocation flexibility.”

ETHZilla isn’t alone. Other companies including BitMine Immersion (BMNR), The Ether Machine (DYNX), and SharpLink Gaming (SBET) have all made substantial Ethereum acquisitions, driving total ETH treasuries to more than $13 billion.
There are now 13 ETH Treasuries globally, accumulating billions in Ethereum.
⚖️ Risks and Rewards
Analysts caution that aggressive use of debt or equity dilution to acquire ETH could backfire in a downturn. Overleveraged treasuries may face forced liquidations, potentially adding pressure on Ethereum’s price.
Still, ETH treasury firms have a unique edge over ETFs: they can stake and participate in DeFi, offering higher yields and broader exposure.
📌 Takeaway
With roughly 3.4% of Ethereum’s total supply now held by corporate treasuries, investors are watching closely. The buyback trend may signal confidence, but it also raises a key question:
👉 Are ETH treasury companies executing a long-term vision, or just riding a speculative wave?