Ethereum's Position - Ethereum quietly reinforced its position at the center of onchain activity [2] - Ethereum remained the dominant settlement layer for stablecoins, real-world assets (RWAs), and tokenized financial infrastructure [2] Institutional Adoption - Large, risk-averse players overwhelmingly chose Ethereum for stablecoins, RWAs and tokenized financial infrastructure [2] - Institutions chose Ethereum because of its proven track record of security, liquidity, tooling, compliance pathways, and developer depth [2] Market Perception vs Data - Narrative might suggest Ethereum lost ground, but data indicates otherwise [1][2]