Ethereum Gains Institutional Traction, But Price Stagnates
The Ethereum network is gaining traction on Wall Street, but its price remains stagnant. In recent months, institutions like JPMorgan and Morgan Stanley have launched Ethereum-related products and services.
Vitalik Buterin outlined plans for a major rebuild of the Ethereum network, dubbed 'Lean Ethereum,' which aims to bolster privacy and quantum resistance.
Despite this positive news flow, ETH's price has languished, trading at around $1,900, down over 60% from its August 2025 record high of about $4,950.