Bybit Crypto Insights Report: Ether becomes a treasury token; why Ether’s accumulation could have a higher leverage than Bitcoin’s

ETH turns up front

Ethereum has been thrust into the spotlight over the past week, marking a decisive break from the bearish sentiment that weighed on the asset during the first half of 2025. As of this writing, ETH has delivered a standout 7-day return of 23.9%, outperforming both Bitcoin (0.1%) and Solana (9.7%) over the same period. This sharp rebound has reignited market optimism, and positioned ETH as the focal point of community discussions.

The question is: What catalyzed this reversal? 

ETH becomes the second treasury token