Ether Rebounds 3% as Tokenization Reignites Market Momentum

The cryptocurrency market has experienced mixed developments in recent days, but Ether stood out with a 3% increase between Thursday and Friday. This rise occurs in a context marked by the growth of tokenization, the successful launch of Robinhood Chain, and continued purchases by several companies. Despite this favorable dynamic, surpassing the 1,800-dollar threshold remains out of reach. On-chain data and indicators from derivative markets still show signs of weakness, limiting short-term growth potential.

In brief

• Ether advanced 3% in one week, supported by the rise of Tokenization and institutional purchases.
• Robinhood Chain has already attracted 106 million dollars in deposits and strengthens the Ethereum ecosystem.
• Ethereum retains 47% of the real-world assets (RWA) market, confirming its lead in tokenization.
• On-chain indicators and derivative markets remain weak, hindering a sustained breakthrough above 1,800 dollars.
• BitMine has accumulated 198,370 ETH in 30 days, illustrating continued purchases by institutional investors.

Ether Rallies as Tokenization and Robinhood Chain Drive Fresh Optimism

The recent rise of Ether is first based on the rapid development of initiatives related to asset tokenization. Robinhood notably launched Robinhood Chain, a layer 2 solution using ETH as the native gas token. This new infrastructure quickly strengthened user interest in the Ethereum ecosystem. At the same time, the platform is expanding its offer of tokenized stocks to an international clientele, consolidating the adoption of EVM-compatible infrastructures.

Here are the main figures illustrating this dynamic:

• 106 million dollars in deposits already recorded on Robinhood Chain.
• 120 countries now have access to the tokenized stocks offered by Robinhood.
• 47% market share for Ethereum in the real-world assets (RWA) sector.
• 260 billion dollars of total value locked (TVL) on Ethereum.
• 210 billion dollars capitalization for Ether, a level below the network’s TVL.

Tokenization thus continues to strengthen Ethereum’s dominant position in the real-world asset market. Apart from stablecoins, assets like Tether Gold (XAUT), Ondo US Dollar Yield (USDY), and Franklin Templeton iBENJI government bonds illustrate this evolution. Tokenized stocks STRCx from Strategy and CRCLon from Ondo also rank among the main sector references.

This dynamic feeds specialist analyses. Leon Waidmann, research director at Lisk, believes the gap between the network’s total value locked and Ether’s capitalization reflects a relatively lower valuation than observed during the 2022 bear market. This interpretation fuels debate on the asset’s current positioning without changing the network fundamentals.

On-Chain Indicators Continue to Limit the Recovery

Despite this improvement in Ether’s price, several indicators show network activity remains less dynamic than before. Layer 2 solutions continue their development, and institutional investments hold steady, but overall demand on the blockchain remains limited. The 2026 bear market reduced activity across several segments, while some competing blockchains strengthened their presence in synthetic perpetual futures and automated yield vaults.

The main on-chain data illustrating this slowdown of activity on Ethereum are as follows:

• 11 million dollars in weekly revenue generated by DApps, compared to 20 million dollars in Q1 2026.
• Sky: 3.1 million dollars in weekly revenue.
• Titan Builder: 2.4 million dollars in weekly revenue.
• Chainlink: 1.1 million dollars in weekly revenue.
• Active addresses dropped from 5.4 million to 3.2 million, confirming the decline in on-chain activity.

This evolution limits Ether’s ability to immediately extend its rebound. Even if tokenization fundamentals remain solid, network usage metrics do not grow at the same pace. Investors therefore continue to monitor these indicators to determine if the recent price rise can be accompanied by a sustained recovery of activity on Ethereum.

Institutional Purchases Provide Fresh Support to the Market

Derivative markets also provide a more measured signal. According to Laevitas data, the annualized funding rate of Ether perpetual futures contracts fell back to 3% on Saturday, after reaching 12% the previous day. This level remains below the neutral threshold set at 6%, indicating weaker demand for long positions. This development suggests that operators remain cautious despite the recent price rise.

At the same time, institutional flows continue to support the market. Arkham Intelligence identified a withdrawal of 20,500 ETH, representing about 36 million dollars, from Galaxy Digital to a new wallet. This movement corresponds to a pattern previously observed during purchases attributed to Tom Lee via BitMine Immersion. Over the last thirty days, BitMine has accumulated 198,370 ETH, bringing the total value of its reserves to 10.3 billion dollars.

These acquisitions offer additional market support, although they are not enough to erase the more cautious signals seen on technical and on-chain indicators. Tokenization continues to expand use cases for the network, while institutional investments maintain steady demand. However, actual blockchain activity remains below the levels observed at the beginning of the year.

Future movements will therefore depend on the balance between these factors. If tokenization continues its development and institutional purchases hold steady, Ether could maintain a solid base. Conversely, a sustained recovery will also require improvement in on-chain indicators and derivative markets to confirm a return of broader demand across the ecosystem.