In this wave of market, ETH has been lagging behind.

However, the market sentiment has changed a bit recently, and I can feel that ETH is coming back.
For example, "Wall Street Oracle" Tom Lee has completed a $250 million financing through BitMine, almost entirely used to allocate ETH, making BitMine one of the largest holders of ETH, even surpassing SharpLink and the Ethereum Foundation. Regardless of the amount, it is evident that more and more companies are treating ETH as a long-term reserve tool.
Ark Invest is also adjusting their layout: on one hand, they are reducing their holdings in Coinbase and Robinhood, while on the other hand, they have increased their stake by 4.4 million shares in BitMine. What does this indicate? Institutions are no longer just looking at a single platform, but are placing more emphasis on the overall development of the ETH ecosystem.
Here's another interesting thing: Tom Dunleavy from Varys Capital and Kyle Samani from Multicoin recently made a bet to see if ETH can break 10,000 dollars by 2026. Although it's a personal action, it has also drawn more attention to the future of ETH.
So when we focus on this industry, we should not only look at single products but also consider how they function within the Web3 ecosystem.
Of course, there's no rush to judge anything; what matters is to feel the changes that are happening.