Ethereum (CRYPTO: ETH) has climbed 9% over the past month, far outpacing Bitcoin’s (CRYPTO: BTC) 1% gain, fueled by optimism that tokenized real-world assets (RWAs) will drive the next phase of institutional adoption.
Still, one analyst believes the market could face another shakeout before a sustained uptrend.
ETH: Foundation For Tokenized Finance
Speaking on the Empire podcast on July 19, DeFi Dad said Ethereum remains the most secure and battle-tested network for decentralized finance despite growing competition from chains like Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE).
He argued Ethereum’s biggest catalyst isn’t meme coins or retail speculation—it’s tokenization.
