Will the U.S. National Ethereum Reserve Become Reality by 2025?
The post Will the U.S. National Ethereum Reserve Become Reality by 2025? appeared on BitcoinEthereumNews.com.
Ethereum’s price surged 13.26%, reaching $2,797.96, strengthening its market position. Political support from figures like Eric Trump sparks debate on Ethereum’s future. World Liberty Financial invests millions in Ethereum, fueling speculation about a national reserve. Ethereum is surging, both in price and political relevance. High-profile figures like Eric Trump and Vivek Raman are now big boosters of the asset, highlighting its expanding role in decentralized finance (DeFi). Ethereum’s use in cutting-edge financial applications and the backing of major financial institutions like Deutsche Bank and UBS have fueled its rise. But this surge has stirred up a discussion in the crypto community about the role of political figures in affecting the network’s growth. Big Names, Big Support Vivek Raman, a well-known figure in the crypto market, recently used his X account to showcase Ethereum’s growing influence. He highlighted the launch of World Liberty Financial, a new DeFi application built on Ethereum, which has caught eyes due to its backing by the Trump family. A Strategic Crypto Reserve will include ETH A top new DeFi app – @worldlibertyfi – is being built on top of Ethereum Deutsche Bank and UBS are experimenting with L2s on Ethereum ERIC TRUMP IS BULLISH ETH All roads flow through Ethereum. https://t.co/81fmsGAEo9 — Vivek Raman (@VivekVentures) February 3, 2025 Adding further weight to the growing support for Ethereum, Eric Trump echoed his father’s bullish stance on the cryptocurrency. In a tweet, he stated that now is a great time to add $ETH, stressing its worth in the digital economy. But not everyone’s thrilled. While some, like Raman, believe that Ethereum’s technological progress can coexist with political endorsements, others, like Lefteris Karapetsas, are wary. Karapetsas criticized the tie-up between the crypto world and politicians, saying that Ethereum’s strength comes from its decentralized nature and technological merit, not political…
Filed under: News - @ February 4, 2025 1:25 pm