Ethereum Reaches New Record High, Signaling a Shift in the Financial Landscape

Ethereum has shattered its previous all-time high, surging past $4,880. This landmark achievement solidifies its position as the second-largest cryptocurrency and sets the stage for the burgeoning decentralized finance ecosystem. Institutional adoption is driving this surge, with major banks like DBS launching tokenized structured notes on Ethereum, enabling accredited investors to trade crypto-linked securities. These moves are part of a growing trend in real-world asset (RWA) tokenization, where blockchain technology enables fractional ownership of traditional assets.