Ethereum, the world’s second-largest blockchain, could also be on the point of its greatest breakout but. In keeping with market watchers, the explosive development of stablecoins on the Ethereum community may very well be the long-awaited set off for an enormous, NVIDIA-style worth rally.
Nvidia’s Breakout: A Blueprint for Ethereum?
Nvidia’s story presents a helpful comparability. In keeping with Crypto Rover, an analyst evaluation, earlier than 2023, Nvidia’s inventory worth moved largely sideways, displaying little momentum. Then got here the AI revolution, marked by ChatGPT’s large public adoption.
Because the demand for GPUs exploded, Nvidia’s share worth rocketed from under $20 to greater than $160 (split-adjusted). This eightfold enhance occurred as a result of a sudden, large demand surge hit a know-how that was already constructed and prepared. Nvidia’s {hardware} was already powering AI workloads, so it grew to become the go-to provider in a single day. Ethereum may very well be in a really related place proper now.
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Ethereum’s worth has consolidated since its 2021 excessive, very similar to Nvidia earlier than its breakout. The community has laid the groundwork with DeFi, NFTs, and Layer 2 scaling options.
Nonetheless, the lacking catalyst may very well be stablecoins. If stablecoin adoption accelerates, Ethereum may expertise a comparable surge in demand. Stablecoins present real-world utility, providing sooner, cheaper transactions throughout borders and changing conventional fee rails.
Tom Lee says that Stablecoins are the ChatGPT second for Ethereum.
This chart reveals what occurred to NVDA throughout its “ChatGPT second.”
ARE YOU MENTALLY PREPARED? pic.twitter.com/VeZIIs8eq8
— Crypto Rover (@rovercrc) July 9, 2025
The Catalyst: Stablecoins as Ethereum’s “ChatGPT Second”
The strategist Tom Lee argues that stablecoins symbolize Ethereum’s breakthrough second. Very similar to how ChatGPT made synthetic intelligence comprehensible and helpful to the lots, stablecoins at the moment are making blockchain know-how helpful for on a regular basis finance.
As stablecoin volumes develop, Ethereum’s community worth will possible rise. Extra companies and customers will use stablecoins for remittances, payroll, and worldwide commerce. Apart from, Ethereum’s Layer 2 networks are scaling quick, making these transactions cheaper and extra environment friendly.
Crypto Rover highlights that Ethereum’s present consolidation mirrors Nvidia’s pre-AI part. If the stablecoin narrative features traction, Ethereum may get away sharply. Buyers, subsequently, may have to arrange mentally for this shift.
ETH Present Market Indicators and Future Outlook
Ethereum is buying and selling at $2,611.08, up 2.44% prior to now 24 hours and 6.60% over the previous week. Its market cap stands at $315 billion, with a circulating provide of 120 million ETH.
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In the meantime, Nvidia is buying and selling round $160.00, reflecting the continued energy of the AI sector.
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