以太坊的ETH/USD强大的集会正在恢复整个Altcoin空间的乐观态度

在5月14日与斯科特·梅尔克（Scott Melker）一起出版的《全街播客》的一集中，Vaneck数字资产研究主管Matthew Sigel

The powerful rally in Ethereum’s ETH/USD is spilling over into broader optimism for the altcoin space, with top analysts now projecting a full-scale altcoin bull market to emerge in 2025.

以太坊的ETH/USD中的强大集会正在蔓延到更广泛的乐观情绪，对Altcoin领域进行了更大的乐观，目前，顶级分析师预测了2025年出现的全面Altcoin Bull Market。

During an episode of the Wolf of All Streets podcast with Scott Melker, Matthew Sigel, Head of Digital Assets Research at VanEck, said that Ethereum’s 44% weekly surge has flipped sentiment across the sector.

在与斯科特·梅尔克（Scott Melker）的《全街》播客的一集中，Vaneck的数字资产研究负责人Matthew Sigel表示，以太坊的每周44％的激增遍布整个领域。

"We're really starting to see the seeds of an 'altcoin bull market' sprout with Dogecoin and Solana outperforming Bitcoin year-to-date."

“我们真的开始看到'Altcoin Bull Market'的种子，Dogecoin和Solana的表现优于比特币。”

He attributes the ETH rally to multiple catalysts, including the upcoming December integration of the highly anticipated "Dengun" upgrade, leadership shifts within the Ethereum Foundation, and an aggressive short squeeze, particularly from institutions that had been short ETH against long BTC and SOL positions.

他将ETH集会归因于多个催化剂，包括即将到来的12月综合备受期待的“ Dengun”升级，以太坊基金会内的领导力转移以及积极的短暂挤压，尤其是从对长期BTC和SOL职位的短暂义务机构中。

Sigel added that while short-term headwinds like dollar strength may slow momentum, the structural setup remains bullish. This view was echoed by Bernstein Research, which pointed to Layer 2 adoption, growing stablecoin and tokenization activity and renewed institutional flows.

Sigel补充说，尽管像美元实力这样的短期逆风可能会减缓势头，但结构性设置仍然是看好的。伯恩斯坦研究（Bernstein Research）对这种观点进行了回应，该研究指出了第2层采用，增长了Stablecoin和令牌化活性并更新了机构流动。

"Bernstein sees promise in the emerging U.S. institutional market with several converging trends creating a structural setup for continued crypto price appreciation."

“伯恩斯坦（Bernstein）在新兴的美国机构市场中看到了希望，并有几种融合趋势创造了一个结构性设置，以持续加密价格升值。”

Bernstein highlighted that several U.S. institutions, particularly in the mid- to large-cap space, are increasingly allocating to digital assets, having largely completed building out their Bitcoin and Ether core satellite positions and begun exploring broader opportunities in the altcoin ecosystem.

伯恩斯坦强调，美国几个机构，尤其是在大型大型空间中，越来越多地分配给数字资产，在很大程度上完成了建立其比特币和以太核心卫星位置，并开始在Altcoin Ecosystem中探索更广泛的机会。

This emerging interest in altcoins is driven by several factors, including the development of Layer 2 scaling solutions for Ethereum, which are enabling faster and cheaper transactions, facilitating broader adoption among institutions and retail users.

对AltCoins的这种新兴兴趣是由几个因素驱动的，包括开发以太坊的第2层扩展解决方案，这些解决方案正在实现更快，更便宜的交易，从而促进了机构和零售用户的更广泛采用。

Moreover, the burgeoning activity in stablecoins and tokenized assets is opening up new avenues for institutions to participate in DeFi protocols and engage in lending and borrowing activities within the crypto ecosystem.

此外，稳定币和令牌资产的迅速活动正在为机构提供了新的途径，以参与DEFI协议并从事加密生态系统中的贷款和借贷活动。

Furthermore, the renewed inflows of institutional capital into the crypto market are pushing up prices and creating a positive feedback loop. Institutions are enticed by the promise of high returns and the potential for diversification that crypto offers.

此外，进入加密货币市场的新型机构资本流入正在推动价格并创造积极的反馈循环。机构受到高回报的承诺和加密提供的多元化潜力所吸引。

Sigel’s remarks come as VanEck launched its new hybrid fund, the Onchain Economy ETF (NØDE), which combines exposure to crypto ETFs (25%) with both high- and low-volatility blockchain equities.

当Vaneck推出了新的混合动力基金OnChain Chance ETF（Nøde）时，Sigel的讲话结合了加密ETF（25％）与高挥发性区块链股票相结合。

The firm also unveiled a tokenized U.S. Treasury fund, rendering it accessible via Ethereum, Solana, Avalanche AVAX/USD, and BNB Chain, aiming to provide institutional clients with 24/7 access and USDC-based settlement.

该公司还推出了一个令牌化的美国财政基金，它可以通过以太坊，Solana，Avalanche Avax/USD和BNB连锁店访问它，旨在为机构客户提供24/7的访问和USDC的和解协议。

Highlighting the growing interest in crypto among financial advisors, Matt Hougan, Chief Investment Officer at BitwiseInvest, shared three key takeaways from attending the Implied Advice Financial Congress.

BitwiseInvest首席投资官Matt Hougan强调了对加密货币的日益增长的兴趣，分享了参加隐含的建议金融大会的三个关键要点。

"I fielded more Ethereum questions in the past few days than in the last six months. Interest in both Bitcoin and Ethereum is surging among financial advisors."

“过去几天，我提出的以太坊问题要比过去六个月更多。对比特币和以太坊的兴趣都在金融顾问之间激增。”

Hougan said that ETP access is expected to be available at most advisory firms by year-end, while the demand from advisors is increasing, with billions in expected inflows and portfolio allocations rising from 1% to 5%.

Hougan表示，预计ETP访问将在大多数咨询公司中获得年底可用，而顾问的需求正在增加，预期流入和投资组合分配的数十亿美元从1％上升到5％。