- Sharplink Gaming CEO Joseph Chalom identified three key factors for ETH’s potential growth.
- The success of the altcoin depends largely on regulatory changes in the US, which could serve as a signal to the rest of the world.
Joseph Chalom, CEO of SharpLink Gaming, listed three conditions that эфириум will start growing again.
Sharplink Gaming is the second largest public company by treasury holdings. EthereumAt the time of publication, she held 861,251 ETH worth $1,89 billion, according to According to Ethereum Treasuries.
The expert named the CLARITY Act, which was passed by the US Senate Banking Committee on Friday, May 15, as one of them. According to Chalom, despite the law being called an “American phenomenon,” it will send an important signal to governments around the world.
“I’ve traveled extensively in Asia, and if you go to Korea, Hong Kong, Tokyo, or Singapore, you’ll see that they’re watching the situation very closely because they understand that the US has shifted from a hostile stance toward cryptocurrencies and digital assets to the potential for it to become a leader in finance again. “You’ll see that many financial transactions will be conducted in dollars, and that’s very concerning for other capitals,” Chalom said.
The second catalyst for Ethereum’s growth will be a renewed interest in market risk. However, this is currently impossible due to geopolitical tensions and the hype surrounding artificial intelligence.
I think we need all this to calm down to see cryptocurrency growth again,” Chalom said.
The final factor driving Ethereum’s price rise could be the development of tokenization.
Tokenization of financial assets is an area in which Ethereum will dominate. I estimate that around 32 billion RWAs have been tokenized. Tokenization began in 2017, so the process was quite slow. Now we’re seeing entire funds being tokenized,” the expert explained.
Previously edited Happy Coin News ReportedStandard Chartered predicts that the tokenized asset market will reach $2 trillion by 2028.
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