Killer ETH report by @artemis "Much like how Bitcoin overcame early skepticism to earn recognition as “digital gold,” Ether (ETH) is establishing its distinct identity—not by emulating Bitcoin’s narrative, but by maturing into a more versatile and foundational asset. ETH is not simply analogous to a cloud computing security, nor is it limited to serving as a utility token for transaction fees or a source of protocol revenue. Rather, it represents a scarce, programmable, and economically essential reserve asset—one that underpins the security, settlement, and functionality of a progressively institutionalized on-chain financial ecosystem." Absolutely nailed it. Everyone go read. https://research.artemisanalytics.com/p/37727fc3-4615-4968-b3aa-bf2b2a3725b3(RYAN SΞAN ADAMS - rsa.eth 🦄)