Ethereum, the world’s second-largest blockchain, could also be getting ready to its largest breakout but. In accordance with market watchers, the explosive development of stablecoins on the Ethereum community could possibly be the long-awaited set off for a large, NVIDIA-style worth rally.
Nvidia’s Breakout: A Blueprint for Ethereum?
Nvidia’s story affords a helpful comparability. In accordance with Crypto Rover, an analyst evaluation, earlier than 2023, Nvidia’s inventory worth moved principally 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 improve occurred as a result of a sudden, large demand surge hit a expertise that was already constructed and prepared. Nvidia’s {hardware} was already powering AI workloads, so it turned the go-to provider in a single day. Ethereum could possibly be in a really comparable 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 could possibly be stablecoins. If stablecoin adoption accelerates, Ethereum might expertise a comparable surge in demand. Stablecoins present real-world utility, providing quicker, cheaper transactions throughout borders and changing conventional cost 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 expertise helpful for on a regular basis finance.
As stablecoin volumes develop, Ethereum’s community worth will doubtless rise. Extra companies and customers will use stablecoins for remittances, payroll, and worldwide commerce. Moreover, 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 section. If the stablecoin narrative positive aspects traction, Ethereum might escape sharply. Traders, subsequently, might have to arrange mentally for this shift.
ETH Present Market Alerts and Future Outlook
Ethereum is buying and selling at $2,611.08, up 2.44% up 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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