Ethereum Takes The Front Seat As SharpLink CEO Backs ETH For Treasury Dominance Over Bitcoin

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Ah, Ethereum. Once upon a time, it was merely the backup singer to Bitcoin’s chart-topping hit in the crypto world. But now? It’s holding the microphone, stealing the spotlight, and giving Bitcoin a run for its money. While the price of Ethereum did dip briefly in the recent rally (because who doesn’t love a good dip?), it’s still rocking an upward trajectory, proving it’s no flash-in-the-pan digital asset. A quick glance at the crypto sector today shows a curious shift, with ETH emerging as the new darling of corporate treasuries, waving goodbye to its previous ‘altcoin’ status.

SharpLink CEO Hails Ethereum As The Treasury King

In the midst of Ethereum’s steady rise, a new and somewhat shocking debate has sparked among the world’s financial elite. Is Ethereum the next big thing in crypto? Well, according to Joseph Chalom, Co-CEO of SharpLink Gaming (the guy who knows a thing or two about gaming and possibly crypto, because why not?), Ethereum has been crowned the superior treasury asset compared to Bitcoin. Yep, you heard that right-Ethereum is apparently the better choice for corporate treasuries. The cryptocurrency world is in a bit of an uproar, because, you know, Bitcoin’s been the reigning champ for ages, and this new kid on the block is causing a stir.

But don’t panic, Bitcoin lovers. Chalom still believes there’s a place for both Bitcoin and Ethereum in everyone’s portfolio. “I think there is a role for Bitcoin in every single person’s portfolio,” he said, clearly hedging his bets. However, when it comes to corporate treasuries looking for more than just digital gold, Chalom thinks Ethereum is the smarter long-term pick. He’s basically saying that Ethereum is the high-maintenance, high-reward, more dynamic cousin of Bitcoin, with all its nifty staking yields and rapid integration into the decentralized finance (DeFi) world.

Now, let’s talk volatility. Bitcoin’s been playing it cool, with its volatility taking a nap at around 40%. Chalom, in his infinite wisdom, suggests that the whole ETF situation has led to Bitcoin being held and not traded, making it less volatile. So, what’s a treasurer to do? According to Chalom, they should stash their wealth in Ethereum, which is apparently far more productive, deflationary, and-dare we say it-reliable. After all, who wouldn’t want a store of value that also earns interest? You can’t say that about your grandma’s gold coins.

But wait, there’s more! Staking Ethereum is like getting a monthly paycheck, except you don’t have to actually work. Owning and staking ETH is basically the same as revenue for public companies-your assets are working for you. Chalom suggests that big investors with billions of dollars in ETH can step into the DeFi arena and start making waves. Imagine a crypto Kingmaker, raising the standards of DeFi, without taking on any more risk. Sounds like a dream job, right?

A Massive Portion Of ETH Staked Within The Week

Speaking of big investors, it seems like institutional confidence in Ethereum is skyrocketing. Over the past week, Grayscale, one of the leading asset management firms, has staked a mind-boggling 1,161,600 ETH, worth a cool $5.1 billion. Yes, billion with a B. This isn’t some fly-by-night retail investor; this is big money getting cozy with Ethereum. According to crypto pundit Ted Pillows, retail is fleeing to BNB Chain memes (because that’s definitely where you want to be), while the smart money is all about Ethereum. “No wonder most people have lost money this cycle,” Pillows quips, probably while sipping a latte and checking his own crypto portfolio.

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2025-10-11 00:20