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Sharplink CEO: "Ethereum TVL to increase 10-fold next year… RWA and sovereign wealth funds to lead"

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Doohyun Hwang
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  • Sharplink CEO projected that Ethereum TVL will surge nearly 10-fold next year compared to this year.
  • He said the expansion of the stablecoin market, tokenization of real-world assets (RWA), and inflows from sovereign wealth funds are the key drivers of Ethereum ecosystem growth.
  • He said that increased Ethereum holdings by major financial institutions like JPMorgan and BlackRock, and sovereign wealth funds, will spur growth in the tokenization market.
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  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Photo=Shutterstock
Photo=Shutterstock

A forecast says the Total Value Locked (TVL) of the Ethereum (ETH) network could surge nearly 10-fold next year. The analysis says the expansion of the stablecoin market, tokenization of real-world assets (RWA), and inflows from sovereign wealth funds could combine to drive explosive ecosystem growth.

On the 26th (local time), Joseph Shalom, co-CEO of Sharplink Gaming, said on his X, "Next year will be a year in which Ethereum adoption diversifies," stating this. Sharplink currently holds approximately 797,704 Ethereum (ETH).

CEO Shalom cited the expansion of the stablecoin market as a prerequisite for a sharp increase in Ethereum TVL. He predicted, "The current stablecoin market capitalization of about $308 billion will swell to $500 billion by the end of next year."

Since more than half (54%) of all stablecoin transactions are conducted on the Ethereum network, the expansion of the market size will directly lead to increased activity on the Ethereum network and a rise in TVL, he explained.

He also expressed expectations for the tokenization market of real-world assets (RWA). CEO Shalom analyzed, "Next year the assets under management in tokenization will grow 10-fold to reach $300 billion," adding, "The entry of Wall Street giants such as JPMorgan, BlackRock, and Franklin Templeton is acting as a catalyst for market growth."

He also expected sovereign wealth funds to move faster. He emphasized, "In the past, observing the crypto market was a safe choice, but the situation has changed due to intensified competition," and "Sovereign wealth funds' Ethereum holdings and tokenization activities will surge about 5 to 10 times next year."

He also predicted that the spread of on-chain artificial intelligence (AI) agents and prediction markets will inject new vitality into the Ethereum ecosystem.

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

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