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Boop.Fun leading the way with a new launchpad on Solana.
After Wood's entry into the market, Peter Thiel has also indirectly entered the scene. He acquired 9.1% of Tom Lee's Bitmine Immersion Technologies, holding approximately 5.094 million shares.
What does Bitmine Immersion Technologies do? Originally a BTC mining and hosting company, it has now transformed into an ETH strategic investment firm, incorporating ETH into its treasury, similar to MicroStrategy for Ethereum.
Institutions are not politely embracing ETH; they are vigorously embracing ETH.
Jul 14, 17:39
Wood Sister tweeted twice praising Ethereum, which is also an important signal for institutions to accelerate their entry.
Even for institutions, BTC is not cheap, and as one of the two pillars in the crypto space, institutions will naturally focus on competing for ETH.
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