Why is Ethereum pumping? A new bullish narrative is taking shape: public companies are adopting the “Saylor playbook,” but with ETH. • The setup: Firms are putting ETH on their balance sheets, like MicroStrategy did with Bitcoin. • Tom Lee’s role: The Fundstrat founder has joined BitMine as chairman and backed their $250M ETH treasury strategy. He predicts ETH could reach $10,000 this cycle based on tokenized assets and stablecoin dynamics WHY THIS MATTERS: 1. Corporate ETH treasuries = legitimization • BitMine’s stock spiked 3,000% after announcing an ETH treasury; Tom Lee’s involvement adds serious credibility . • BTCS, another Nasdaq-listed firm with an ETH treasury, jumped +100% on a $100M ETH buy plan . 2. Yield & stablecoin narrative: • Ethereum offers staking yield (~3% APY) and powers over 50% of stablecoins, generating huge fee revenue . • Lee notes stablecoins are “ChatGPT of crypto”, driving exponential gas fees and ETH demand . 3. Institutional & technical momentum: • ETH ETFs have seen eight straight weeks of inflows (~61,000 ETH/week) . • Technically, ETH just formed a weekly “Ichimoku golden cross,” signaling potential 30% rally from ~$2600 to ~$3300 . ⸻ TLDR: • Corporate ETH buy-ins and big names like Tom Lee are fueling confidence. • Stablecoins + staking yield provide a stronger narrative than BTC’s “digital gold.” • Money inflows + strong technicals are reinforcing current bullish moves.