- Ethereum reclaimed $2,600 after a trendline held through four September tests, but two rejections above that level and a delayed upgrade complicate the recovery.
- Ethereum hosts $17.3 billion of tokenized assets as of mid-September; tokenization and more than 31,215 on-chain AI agents are the growth drivers that could make ETH a long-term wealth builder.
- Global X Ethereum Covered Call ETF (EHCC) declared a $0.133/share weekly dividend payable Sept. 24, with ex-div Sept. 21.
- A 100x gain from a $10,000 ETH stake would require a $29.2 trillion market cap, more than 10x the entire crypto sector's current ~$2.7 trillion value, so Ethereum's millionaire-maker days are behind it.
Quotes
“A trendline that absorbed four separate tests in September has kept Ethereum from collapsing, but two rejections above $2,600 and a delayed upgrade are complicating what looks like a recovery.”
“Ethereum isn't going to be a millionaire-maker investment from here”
“Ethereum hosts $17.3 billion of these tokenized assets as of mid-September.”
“Global X Ethereum Covered Call ETF (EHCC) declares $0.133/share weekly dividend.”