SharpLink Goes Bullish: Snaps Up $100M in ETH Dip as BEST Token Poised for Breakout

SharpLink just made a power move—loading its treasury with $100 million worth of Ethereum at what appears to be a strategic discount. The crypto world is watching.

Why it matters: This isn't just another 'buy the dip' cliché. With ETH's price volatility creating opportunities, SharpLink's massive acquisition signals confidence in both Ethereum's long-term value and its own ecosystem's growth potential.

The BEST angle: SharpLink's native token stands to benefit directly from this treasury boost. More ETH means more liquidity, more staking power, and—if history repeats—upward pressure on BEST's valuation. (Cue the 'number go up' brigade.)

Wall Street's watching—and probably seething: While traditional finance still debates crypto's merits, Web3 companies are executing billion-dollar plays without waiting for permission. The irony? That $100M ETH purchase likely outperforms most hedge funds' Q3 returns.

Bottom line: In crypto, conviction gets rewarded—or liquidated. SharpLink just bet big on the former.

Institutional Interest for $ETH is Going Up as Bitmine’s Tom Lee Predicts a $60,000 $ETH

The data shows that public institutions show an increased interest in Ethereum, with some entities exhibiting aggressive buying strategies.

The Ether Machine is one such case, after adding 15,000 $ETH to their treasury recently at an average price of $3,809.97 for a total investment of $56.9M.

Moreover, the company also announced that they plan an additional $407M investment, which, if it goes through, WOULD more than double Bitmine’s current $ETH reserves of 625K. As the company put it in their X post, this investment strategy isn’t about profit hunting:

‘We are just getting started. Our mandate is to accumulate, compound, and support ETH for the long term – not just as a financial asset, but as the backbone of a new internet economy.’

Bloomberg analyst, Eric Balchunas, also pointed out that Ethereum ETFs are experiencing a price surge, with massive inflows hitting the market.

Ethereum’s ETF inflows are currently outperforming Bitcoin, up 13% to Bitcoin’s 8% loss over the past two months.

This pro-ETH context, with Wall Street becoming increasingly more interested in the asset, drove Tom Lee, chairman of Bitmine, to put $ETH’s Estimated Value Potential (EVP) at $60,000+.

He also thinks that the ETH/BTC ratio is off right now and that it’s likely to match 2024’s numbers soon, which would force $ETH up to $5,707 in the NEAR future.

With $ETH booming in charts and a bull run waiting to happen, ERC-20 projects like Best Wallet ($BEST) are likely to catch steam first.

How $BEST Fuels One of the Best Non-Custodial Wallet Ecosystems

$BEST is the official token of the Best Wallet ecosystem, a non-custodial, KYC-free service that’s perfect for novice and experienced traders alike.

Best Wallet’s non-custodial profile translates to higher security, as you control the private key and, thus, the funds.

The wallet also offers access to a variety of features, including the Token Launchpad, which grants exclusive access to upcoming tokens, allowing you to invest early.

The Market Insights feature is another useful addition, feeding you real-time updates on hot projects, market sentiment, and chart trends. This allows you to make more informed decisions before investing.

$BEST is currently in presale with over $14.4M already in the bank. This makes $BEST one of the most successful presales of 2025 and one that sets Best Wallet on the road to success.

Based on Best Wallet’s features, public appeal, top security, and the fact that it’s free to use, we expect $BEST to experience a chart boom post launch.

$BEST’s growth will further feed the Best Wallet ecosystem, pushing it closer to its underlying goal: to capture over 40% of the crypto wallet market share by 2026.

You can buy $BEST at its presale price of $0.025425 by visiting the official presale page.

Will We See Another $ETH ATH in 2025?

Given the rising investor interest in $ETH, we may see another Ethereum rally soon, pushing the asset to the psychological threshold of $4,000.

We may not get Tom Lee’s $60K Ethereum in 2025, but a goal of $5,700 isn’t impossible, once $ETH clears the $4,000 resistance point.

When that happens, projects like Best Wallet ($BEST) will be among the first to see the benefits.

This isn’t financial advice. Do your own research (DYOR) and invest wisely.