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The signals for the update/Ethereum fundamentals continue to rise, while the bearish sentiment is mostly narrow technical noise. The driving force behind Ethereum's rise is the stablecoin, which is poised to disrupt and transform the U.S. banking industry and eventually the global banking industry. Currently, more than half of the existing stablecoins operate on Ethereum. The influx of institutions and even public companies purchasing is merely a positive response to the essence of this market.
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