If we take a look at Ethereum as of late the asset has been rather underwhelming in terms of the price action. The asset itself has slumped and never fully recovered its ATH like other assets in it's class such as bitcoin. This has lead to a rather negative sentiment about the blockchain but also the fact that scaling solutions are still at least another year out.
Mainly all of the updates to Ethereum as of the last year have been why you need LESS ethereum and less fees then ever before. We also saw that Ethereum went from burning more to becoming an asset with inflation once again as it became more efficient.
This again has caused rather negative sentiment around the blockchain which has been crushing the price of it. But there's a lot once again going on via the backend in which we are seeing major companies and institutions gobble up massive amounts of it in large transaction buys when the token price sinks hard.
Etherealize is something that's starting to gain some traction in the Ethereum ecosystem. Their main goal is from the launch of it just about a month ago is to drive institutional adoption and will mainly focus around wall street.
This primary focus is with RWA's real world assets which I have talked about a lot here. But the kicker is we still don't really have such a system and we are still waiting for laws and regulations to be clear.
What we are seeing though is Ethereum (as it should) make a major push to being the RWA blockchain for things like Bonds and stocks which will most likely be some of the first RWAs to really make serious impact on the crypto side of things.
Ethereum actully is the go to solution for RWAs and I don't see a reason at the moment why that would change. It's a battle tested blockchain that has done well over the years and stood it's ground. It's also crazy wildly used by so many people and applications and has a major workhourse behind it.
Competition to that such as Solana have had issues with growth and black out times where the blockchain just stopped working for one reason or another. Imagine this if you ran realestate or stocks and bonds off it. Downtime like that just can't happen and is one of the issues with a centralized solution over a decentralized one.
In relativity you would want a decentralized solution because that means it would always be running and never shut down. Not fingers in there trying to roll back ledgers and so forth.
It's reported that the RWAs via security token markets should be a 30 trillion dollar industry by 2030 which is only 5 years away. This would have a massive impact in terms of fees and transaction volumes on Ethereum and those scaling solutions when that comes in couldn't come soon enough.
However with large cap massive fun transfers these places won't really care about paying a $150 fee on a 1 million dollar transaction which will bring back Ethereum being the rich persons playground.
