# A New ETH Bull Case

*Author: Bankless*
*Published: Nov 18, 2024*
*Source: https://www.bankless.com/fr/a-new-eth-bull-case*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/Group-652--1--4.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=eth-trump-era-bull-case&email=true)

  
A New ETH Bull Case
    
  

  
  Published on Nov 18, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Corporate Bitcoin Embrace
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/Group-14--57--1.png)](https://www.bankless.com/dashboard)- 🟠** More Companies Are Stacking BTC.** As MicroStrategy continues to buy Bitcoin, a growing slate of firms are [starting to imitate the strategy](https://www.bankless.com/corporate-bitcoin-microstrategy).
- 📈** Bitcoin ETF Options Are Near. **The Commodity Futures Trading Commission (CFTC) has paved the way for the [first Bitcoin ETF options](https://www.bankless.com/bitcoin-etf-options-near).
- 🔮** Monad Launches Public Testnet. **Monad, one of the most anticipated upcoming L1s, just unveiled [its first public testnet](https://bankless.com/monad-launches-testnet/) event.

.  .  .

 
  
    

    MARKET VIBES

  
  
Fresh Crypto Market ATH
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **The bulls are back in full force. Over the weekend, the combined market cap of the cryptocurrency ecosystem surpassed the $3 trillion threshold for the first time. This milestone was achieved as Bitcoin just soared past $90,000, and with nearly $1 trillion added to the cryptoeconomy's market cap in just the past two weeks alone. In other words? Investor interest and confidence in crypto is undeniably surging.

Prices as of 2pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.07t
       

  
    
    ↗ 1.7%
    
  

   
    
    ↗ 2.7%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $90,368
       

  
    
    ↗ 0.2%
    
  

   
    
    ↗ 5.3%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,161
       

  
    
    ↗ 2.5%
    
  

   
    
    ↘ -4.9%
    
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/8526.png)
    

  **RAY**
   
          $5.60
       

  
    
    ↘ 0.5%
    
  

   
    
    ↗ 4.2%
    
  

  

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🔆**New Token Rating: **Solana’s **Raydium **exchange has outperformed every top 100 crypto asset except DOGE during the past 30 days. Can this RAY of sun continue shining for its holders?[Unlock RAY on Token Hub](https://www.bankless.com/tools/token-hub/raydium)

.  .  .

 
  
    

ANALYSIS

  
  
    
Understanding ETH's Trump-Era Bull Case
  
  
   
     
     Bankless Author: 
     
       [
       
        David C.](https://www.bankless.com/author/david)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/image---2024-11-17T114323.331.png)](https://www.bankless.com/eth-trump-era-bull-case)**The taste we’ve gotten of what crypto regulation may be like under Trump in the two weeks since his re-election looks quite promising, especially for ETH.**

While ETH has steadied since its spike immediately following the election, institutional demand continues to trend up while supply only further constricts as staking levels reach record highs. This attractive market setup is mixing with expectations of lenient regulation, paving the way for staking in ETH ETFs and fee switches to be turned on for crypto protocols. 

With Ethereum ready to capitalize on these trends, there is a robust case for its outperformance, as well as for the outperformance of its strongest L2, Base. 

*In this article, let's delve into all the main factors that are making such a favorable environment for ETH right now*!* *👇

[Read More on Bankless.com](https://www.bankless.com/eth-trump-era-bull-case)
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