This week in DeFi, a debate emerged about whether growing adoption among Wall Street participants may lead to the crypto market’s first extended “supercycle,” resulting in digital asset valuations rising beyond the historic four-year cycle’s time frame.
As the leading smart contract blockchain, Ethereum’s native Ether ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” title=”null”>ETH) token could be set to benefit from “Wall Street running into the blockchain,” data-ct-non-breakable=”null” href=”https://x.com/BitMNR/status/1970654362838925376″ rel=”noopener nofollow” target=”_blank” title=”null”>according to BitMine, the largest corporate holder of ETH.
Despite the optimistic prediction, Ether’s price fell 13% over the past week,…
