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Ethereum dominates stablecoins and tokenized assets, urging institutions to focus on its liquidity despite ETH underperformance.

Market News
11 Nov 2026, 01:05 WIB
Tokenpost
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Bullish
Ethereum dominates stablecoins and tokenized assets, urging institutions to focus on its liquidity despite ETH underperformance.

SharpLink CEO Joseph Chalom highlighted Ethereum's dominant role in stablecoins and tokenized assets, with Ethereum holding 54.1% of the $163 billion stablecoin market and 41% of tokenized assets globally. He argued that institutions should consider Ethereum for public blockchain investments due to its concentrated capital and liquidity, despite Ether's underperformance against Bitcoin this year. SharpLink and BitMine are major corporate holders of Ether, reinforcing institutional confidence. Chalom also linked Ethereum's long-term value to its expanding use in stablecoins, tokenized equities, and AI-driven transactions.

As of Nov 11, 2026 06:22 WIB, Ethereum (ETH) trades on Pluang at Rp37.130.762 with a 1-day decline of 3.57%. Despite the recent price drop, Ethereum maintains a strong market presence with a market cap of Rp4.516,48 trillion and a balanced order activity split of 49% sell and 51% buy. The typical hold time for ETH on Pluang is 109 days, indicating steady investor interest amid ongoing institutional discussions.

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