Three Sectors to Bet on Ethereum's Latest Surge

With staking at ATHs, TradFi circling $ETH as a play for yield and stablecoin rails, and the holder base re-energized, Ethereum's ecosystem feels uniquely poised for sharp moves up.

Look here to increase your $ETH exposure👇

~~ Analysis by @davewardonline ~~

🔵 Base Tokens

When $ETH rips, @base is usually the epicenter.

As Ethereum’s most active Layer 2, Base has become the main arena for speculation — as seen during the $ETH ETF reversal in May 2024 and the post-election $ETH staking ETF excitement.

Tokens that jumped in tandem with $ETH on Wednesday are worth watching:

@MorphoLabs — The DeFi lending protocol rallied double digits alongside ETH. TVL is at ATHs, it’s integrated with @coinbase's DeFi Mullet, and the token is still young, meaning fewer bagholders. It was also the most talked-about project at EthCC.

@AerodromeFi — Base’s top DEX moved modestly with ETH. As the largest DEX on Base and backed by Base’s Ecosystem Fund, it’s well-positioned if $ETH flows continue landing on Base.

AI Tokens — AI remains a top narrative. @cookiedotfun, @ReiNetwork0x, and @virtuals_io all posted major gains after $ETH’s move. Virtuals’ Genesis launchpad and the Farcaster ecosystem are two places to watch for early-stage plays.

💰 Ethereum Treasury Companies

$ETH treasury moves are heating up. Public companies holding $ETH offer another way to ride the wave — with crypto-esque volatility, but also upside from equity exposure.

@SharpLinkGaming — Backed by @Consensys, SharpLink now holds 205K+ $ETH and is staking it for yield.

@BitMNR — A former BTC miner, now fully pivoted to $ETH, replacing BTC with a $250M $ETH treasury. Chaired by @fundstrat, they see $ETH as a stablecoin settlement layer and are actively staking and exploring DeFi.

@BitDigital_BTBT — Dumped BTC, bought ~100K $ETH using $172M in fresh capital. Fully transitioned reserve asset.

@GSQHoldings — Kicked off a $100M $ETH treasury with a $5M buy. Targeting 8–14% APR via yield strategies.

Watch underperforming BTC miners — BMNR and BTBT’s $ETH moves may trigger copycats.

🤡 ETH-Related Memes

Riskier, but $ETH memes have surged.

SPX, @mogcoin, @HPOS10Ireturns, and @pepecoineth posted 25–50%+ gains since Wednesday.

Focus on tokens with strong PFPs — a signal of committed holders. Base-based memes tend to be especially reactive to $ETH moves.

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Overall, $ETH’s setup is uniquely bullish: record staking, treasury shifts, and Wall Street’s growing stablecoin interest.

Morpho and Aerodrome are catching DeFi flows, AI tokens are running, companies like BitMine and SharpLink are staking nine-figure $ETH, and memes are mooning. These are your $ETH beta plays.

In crypto, the leaders tend to keep leading. Ethereum’s becoming infrastructure, not just an asset — and the train’s already left the station.