Ethereum Soars to 5-Month Peak as Corporate Treasuries Go Full Crypto Hoarder Mode
ETH bulls are back—and this time, they've brought corporate balance sheets along for the ride.
Institutional FOMO kicks in
Treasury departments that once mocked crypto now scramble to stack ETH like it's the last lifeboat off a sinking fiat ship. The asset just punched through resistance levels not seen since February, back when 'inflation' was still a theoretical concern for traditional finance.
The cynical take
Nothing makes CFOs believe in blockchain faster than watching their cash reserves evaporate against real assets. Who needs yield when you've got hopium?
What's next
With corporations treating ETH like a high-risk savings account, the real question isn't if—but when—the suits start demanding staking yields to offset their overpriced ESG consultants.