Close Menu
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

Metaplanet’s $5 Billion Capital Fuels Bitcoin Strategy

June 27, 2025

The COIN Act: Can This Bill Stop Trump’s Digital Cash Flow?

June 27, 2025

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Policy
X (Twitter) Telegram
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Ethereum’s Rising Demand Signals Digital Currencies Becoming a New Asset Class
Crypto Ethereum

Ethereum’s Rising Demand Signals Digital Currencies Becoming a New Asset Class

Karly MarieBy Karly MarieMarch 7, 2016Updated:March 8, 20252 Mins Read
Twitter Telegram Copy Link Pinterest LinkedIn Facebook Reddit
ethereums-rising-demand-signals-digital-currencies-becoming-a-new-asset-class copy
Share
Twitter Telegram Facebook Pinterest Copy Link

For years, the debate over “blockchain, not Bitcoin” dominated discussions in the financial sector, with institutions favoring private blockchain applications over public cryptocurrencies. However, 2016 saw a surge in Ethereum’s popularity, indicating that the future of digital currencies is far from decided. With Ethereum’s market capitalization surpassing $1 billion and Bitcoin maintaining its dominance at $7 billion, digital currencies are rapidly evolving into a new asset class.

Coinbase Validates Ether as a Major Cryptocurrency

San Francisco-based cryptocurrency exchange Coinbase has officially announced that it will support Ether (ETH) trading on its institutional-grade platform. Rebranding its exchange to Global Digital Asset Exchange (GDAX), Coinbase aims to offer a wider range of digital assets, reinforcing the legitimacy of cryptocurrencies beyond Bitcoin.

According to Chris Burniske, blockchain products lead at ARK Investment Management, this move validates Ethereum as the second-largest cryptocurrency and further defines digital currencies as an investable asset class. Smaller exchanges such as Kraken, Bitfinex, and Gemini had already listed ETH trading pairs, but Coinbase’s decision cements its institutional acceptance.

Ethereum’s Rapid Growth and Developer Excitement

Ethereum’s rise has been nothing short of phenomenal. At the beginning of 2016, Ether was valued at just $0.95 per coin, but by mid-May, it had surged to nearly $15. Unlike Bitcoin, which functions as digital gold, Ethereum enables decentralized applications (dApps) and smart contracts, driving its widespread adoption.

Bitcoin Bitcoin and Ethereum investment trends Blockchain Coinbase Coinbase Ether trading Crypto Trading Cryptocurrency digital assets digital currencies as asset class Ethereum Ethereum developer adoption Ethereum price rise 2016 GDAX private vs. public blockchains Smart Contracts smart contracts and blockchain
Share. Telegram Twitter LinkedIn Pinterest Facebook Reddit Copy Link
Karly Marie
Karly Marie

Related Posts

Ethereum Price Drop Triggers Biggest ETF Outflow Yet

June 25, 2025

Thai New Token Issuance Rules Under Consultation

June 25, 2025

CoinMarketCap Security Breach Triggers Wallet Scam Alert

June 25, 2025

Nakamoto Bitcoin Treasury Expansion Hits Record $51.5M

June 25, 2025
Trending Posts

Why You Might Want to Watch Out for Bored Normie in 2025

May 14, 2025

Cryptocurrency Policy Officials Leave IRS

May 17, 2025

Musk Super App Lets You Trade, Pay, & Invest Without Leaving X

June 25, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

Metaplanet’s $5 Billion Capital Fuels Bitcoin Strategy

June 27, 2025

The COIN Act: Can This Bill Stop Trump’s Digital Cash Flow?

June 27, 2025

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
NEWSLETTER

Subscribe to Updates

Get the latest crypto news and updates direct to your inbox - we don't spam

X (Twitter) Telegram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,256.74
ethereum
Ethereum (ETH) $ 2,421.49
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.18
bnb
BNB (BNB) $ 645.15
solana
Solana (SOL) $ 143.35
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.273293
dogecoin
Dogecoin (DOGE) $ 0.161769
staked-ether
Lido Staked Ether (STETH) $ 2,419.95
cardano
Cardano (ADA) $ 0.559767
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 107,148.71
hyperliquid
Hyperliquid (HYPE) $ 36.57
bitcoin-cash
Bitcoin Cash (BCH) $ 498.76
wrapped-steth
Wrapped stETH (WSTETH) $ 2,917.53
sui
Sui (SUI) $ 2.69
chainlink
Chainlink (LINK) $ 13.14
leo-token
LEO Token (LEO) $ 9.09
avalanche-2
Avalanche (AVAX) $ 17.54
stellar
Stellar (XLM) $ 0.237128
usds
USDS (USDS) $ 0.999961
the-open-network
Toncoin (TON) $ 2.85
shiba-inu
Shiba Inu (SHIB) $ 0.000011
whitebit
WhiteBIT Coin (WBT) $ 46.33
weth
WETH (WETH) $ 2,421.11
litecoin
Litecoin (LTC) $ 85.23
wrapped-eeth
Wrapped eETH (WEETH) $ 2,591.82
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
hedera-hashgraph
Hedera (HBAR) $ 0.145622
monero
Monero (XMR) $ 308.50
bitget-token
Bitget Token (BGB) $ 4.69
ethena-usde
Ethena USDe (USDE) $ 1.00
polkadot
Polkadot (DOT) $ 3.36
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 107,338.76
pi-network
Pi Network (PI) $ 0.557258
uniswap
Uniswap (UNI) $ 6.86
aave
Aave (AAVE) $ 256.03
pepe
Pepe (PEPE) $ 0.000009
dai
Dai (DAI) $ 1.00
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18
aptos
Aptos (APT) $ 4.77
okb
OKB (OKB) $ 50.31
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
bittensor
Bittensor (TAO) $ 321.90
near
NEAR Protocol (NEAR) $ 2.10
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 173.74
internet-computer
Internet Computer (ICP) $ 4.73
crypto-com-chain
Cronos (CRO) $ 0.080541
ethereum-classic
Ethereum Classic (ETC) $ 16.10
susds
sUSDS (SUSDS) $ 1.06
ondo-finance
Ondo (ONDO) $ 0.744503
tokenize-xchange
Tokenize Xchange (TKX) $ 27.64
usd1-wlfi
USD1 (USD1) $ 0.99988
mantle
Mantle (MNT) $ 0.596257
kaspa
Kaspa (KAS) $ 0.074715
gatechain-token
Gate (GT) $ 15.66
fasttoken
Fasttoken (FTN) $ 4.41
official-trump
Official Trump (TRUMP) $ 9.00
cosmos
Cosmos Hub (ATOM) $ 3.93
vechain
VeChain (VET) $ 0.0204
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.664891
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 107,301.75
sky
Sky (SKY) $ 0.079361
render-token
Render (RENDER) $ 3.18
sei-network
Sei (SEI) $ 0.285911
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.174741
ethena
Ethena (ENA) $ 0.252323
quant-network
Quant (QNT) $ 105.08
algorand
Algorand (ALGO) $ 0.174278
arbitrum
Arbitrum (ARB) $ 0.30199
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.38
filecoin
Filecoin (FIL) $ 2.19
first-digital-usd
First Digital USD (FDUSD) $ 0.998343
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,421.19
usdtb
USDtb (USDTB) $ 1.00
worldcoin-wld
Worldcoin (WLD) $ 0.872773
kucoin-shares
KuCoin (KCS) $ 11.11
binance-staked-sol
Binance Staked SOL (BNSOL) $ 151.93
usdt0
USDT0 (USDT0) $ 1.00
jupiter-exchange-solana
Jupiter (JUP) $ 0.408415
nexo
NEXO (NEXO) $ 1.20
flare-networks
Flare (FLR) $ 0.017116
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,757.61
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,535.80
spx6900
SPX6900 (SPX) $ 1.19
bonk
Bonk (BONK) $ 0.000013
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
injective-protocol
Injective (INJ) $ 10.45
kaia
Kaia (KAIA) $ 0.174143
fartcoin
Fartcoin (FARTCOIN) $ 1.02
blockstack
Stacks (STX) $ 0.65527
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
celestia
Celestia (TIA) $ 1.44
paypal-usd
PayPal USD (PYUSD) $ 0.999764
xdce-crowd-sale
XDC Network (XDC) $ 0.059579
sonic-3
Sonic (S) $ 0.30395
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.44
optimism
Optimism (OP) $ 0.533997
solv-btc
Solv Protocol BTC (SOLVBTC) $ 106,969.66
pax-gold
PAX Gold (PAXG) $ 3,298.31