Recently, the cryptocurrency market has shown a trend of diversification. The Ethereum (ETH) ecosystem has undergone significant changes, with the amount of staked ETH exiting reaching an 18-month high. Currently, approximately 644,300 ETH (valued at $2.34 billion) are waiting to exit, which is expected to take 11 days to complete. This phenomenon may reflect that validators are adjusting their strategies, but it cannot be ruled out that some investors are choosing to take profits. Meanwhile, there are still 39,000 ETH (about $1.2 billion) waiting to be staked, indicating a net exit status overall.

In the traditional financial sector, blockchain technology is gradually gaining recognition. Block has successfully entered the S&P 500 Index, becoming the third company to hold Bitcoin as a constituent stock. As the 13th largest corporate holder of Bitcoin globally, Block owns 8,584 BTC, valued at approximately $1 billion. This move not only boosted the company's stock price but also further increased the traditional market's attention towards Bitcoin.

At the same time, Wall Street giants Goldman Sachs and Bank of New York Mellon announced that they will offer blockchain-based tokenized money market fund services for institutional clients. This service will utilize Goldman Sachs' private blockchain technology to enable around-the-clock trading and real-time settlement, aiming to enhance the efficiency of capital markets. Well-known institutions such as BlackRock and Fidelity are also involved, demonstrating the recognition and exploration of blockchain technology by traditional financial institutions.

These developments coincide with the implementation of the U.S. "GENIUS Act," which provides a clear framework for stablecoin regulation and is expected to accelerate the integration of traditional finance and blockchain technology. As the regulatory environment gradually clarifies, we may see more financial innovation and cross-border collaboration, driving the entire industry forward.