With the beginning of October, Ethereum investors have multiple reasons to cheer. Digital Origin has been navigating high tides for some time now. Repression, crisis and delays in promotions have disappointed enthusiasts in the space. However, it appears that the higher level altcoin is back in action. With so many institutional adoptions, the ecosystem has another feather in its cap.
Ethereum price is back on its way!
Tik-Tok has made announcements regarding the integration of NFTs into its platform. The videos on the platform will be NFT collectible on Ethereum. It will be powered by the X constant. It is a second layer scaling solution for Ethereum. In the meantime, the anticipation of launching NFTs with Lil NasX, Gary Vee and Grimes reigns supreme. The odds of introducing the platform to flip the cryptocurrency are high.
In addition, Societe General proposes the use of bonds on the Maker Dao. The institution is issuing bonds worth millions on Ethereum. The amount of capital inflow into bonds will benefit the ecosystem tremendously. On the other hand, Deutsche Bank is bullish on Ethereum. While Bitcoin is referred to as digital gold, Ethereum is referred to as digital silver. Which is of great importance.
Institutions and analysts are bullish on Ethereum, believing that it is undervalued. Respectively, it is believed that Ethereum will see a market cap of several trillion dollars. Visa is testing a payments protocol on Ethereum. The global payments channel will enable users to send digital assets via the blockchain.
popular analyst lark davis He also believes that the price of ETH may rise soon. The platform aims to offer seamless currency conversion and exchange. The foundation has begun testing the UPC on Ethereum’s Ropsten Testnet. The goal is also to address one of the prominent issues in the adoption of digital assets. It is interoperability across threads.
Summing up, with the integration, NFT Verification on Twitter, the platform will see a price hike. And platforms use cases, containing a large portion of the NFT space as well. In addition to the user base of social media platforms. It will bring the platform exposure to billions of users.