One ERC-20 Token Gains the Most

One ERC-20 Token Gains the Most


The post One ERC-20 Token Gains the Most appeared on BitcoinEthereumNews.com.

Big companies, including SharpLink and BitMine, have purchased over $1.6B in Ethereum, signaling a rosy future for ERC-20 tokens like TOKEN6900. $ETH is up by over 18% since last month, following a massive influx of institutional and treasury-level investment. Signaling growing confidence in $ETH as a strategic asset, leading firms – including SharpLink, Bitmine Immersion Technologies, Bit Digital, Blockchain Technology Consensus Solutions (BTCS), and GameSquare – have collectively spent over 545K $ETH (around $1.63B). To top it off, Ethereum-based investments have now recorded 12 consecutive weeks of inflows, with $990M added last week alone. According to CoinShares, it marks the fourth-largest weekly inflow ever recorded. This surge in $ETH investments strengthens trust in the Ethereum network, driving up adoption, liquidity, and visibility for projects built on the blockchain. Of course, it’s also fabulous news for ERC-20 tokens, especially upcoming ones with a distinct edge, like Token6900 ($T6900). SharpLink Holds 255K $ETH, Leads Ethereum Treasuries SharpLink (led by Consensys founder Joseph Lubin) has the largest known corporate Ethereum treasury with over 255K $ETH (around $759M). BitMine Immersion Technologies follows behind, holding 163,142 $ETH valued at roughly $485M. Additionally, Bit Digital has amassed over 100K $ETH ($297.1M+), while BTCS holds around 29,122 $ETH (roughly $86.5M). GameSquare also recently announced plans to establish a $100M Ethereum treasury as part of its broader Web3 strategy. Source: X (GameSquare) Collectively, these major $ETH purchases reflect a stance similar to Strategy’s Bitcoin approach. And it’s no wonder they’d want to follow a similar path. As of July 13, Strategy held 601,550 $BTC, acquired for $42.87B at an average price of $71,268. At the time of writing, $BTC is worth $116K, which means Strategy has profited over $27B. Source: X (Michael Saylor) Given that the global crypto market is also estimated to reach $11.71B by 2030 –…



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