Ethereum News Today: Ethereum Treasury Firms Amass $11.77 Billion as Buterin Backs Institutional Adoption

Ethereum co-founder Vitalik Buterin has publicly expressed support for Ethereum treasury firms, emphasizing their role in institutional adoption and the long-term appreciation of Ether (ETH). These firms, which pool capital to buy and hold large quantities of ETH, are seen as critical in bringing digital assets into mainstream finance. Collectively, they now control over $11.77 billion in Ethereum assets, with major players including BitMine Immersion Technologies (3.2 billion), SharpLink Gaming (2 billion), and The Ether Machine (1.34 billion). Buterin’s backing signals growing institutional confidence in Ethereum as a strategic asset class [9].

The Ethereum network continues to solidify its position as a cornerstone of decentralized finance (DeFi), non-fungible tokens (NFTs), and Layer-2 scaling solutions. Increased staking demand and the adoption of rollup technologies are strengthening its fundamentals, with analysts forecasting a potential retest of its all-time high by 2026 or 2027 [5]. While Ethereum’s price movement has been more stable compared to speculative altcoins, it is increasingly viewed as a “crypto blue-chip,” offering long-term value and stability for investors seeking exposure to digital assets [1].

Buterin’s bullish outlook extends beyond Ethereum to Cardano (ADA) and Solana. Analysts highlight Cardano’s disciplined approach to development, with its peer-reviewed upgrades and Hydra scaling solution enhancing its potential for enterprise and DeFi adoption. Despite a slower pace compared to some competitors, Cardano has earned recognition for its robust and secure infrastructure, making it a long-term play for patient investors [1]. Technical indicators, such as a golden cross pattern, have also contributed to growing optimism among traders [4].

In the broader crypto market, institutional interest continues to expand. As Bitcoin’s dominance stabilizes, capital is increasingly flowing into alternative blockchains, creating new opportunities for high-growth projects. While Ethereum and Cardano form the backbone of a well-balanced portfolio, emerging projects with strong fundamentals are attracting traders seeking higher velocity returns. These developments highlight the evolving landscape of digital assets and the growing importance of institutional-grade crypto strategies.

[1] Top-Trending Crypto in 2025: BlockDAG, ADA, AVAX, & ... (https://crypto-economy.com/top-trending-crypto-picks-for-august-2025-why-blockdag-avalanche-cardano-and-xrp-are-gaining-attention/)

[4] Cardano (ADA) Creates Golden Cross Pattern, $1 Next? (https://u.today/cardano-ada-creates-golden-cross-pattern-1-next)

[5] Ethereum Price, ETH Price, Live Charts, and Marketcap (https://www.coinbase.com/price/ethereum)

[8] Crypto Predictions for 2025: Bitcoin & Ethereum Outlook (https://www.securities.io/crypto-predictions-2025-bitcoin-ethereum/)

[9] U.today's Profile (https://www.binance.com/en/square/profile/utoday_en)