Ether Stalls at $2,400 Despite Surging Corporate Adoption—What’s Holding It Back?

Ethereum’s native token can’t seem to catch a break. Even as blue-chip firms quietly stack ETH like Wall Street hoards bailouts, the price remains pinned near $2,400. What gives?

The Institutional Paradox

On-chain data shows treasury wallets swelling—yet the market reacts with a shrug. Either whales are playing the long game, or they’re waiting for ETF approvals that’ll never come (looking at you, SEC).

Liquidity vs. Hype

L2 networks are eating Ethereum’s lunch on fees, but corporate balance sheets don’t care about gas wars. They’re betting on the brand—the same way they once bet on dot-coms before the crash.

Until the macro winds shift, ETH might stay range-bound. Or maybe everyone’s just distracted by the latest memecoin pumping 10,000% on pure vibes. Crypto never changes.