Ether's price action has been a bit of a snooze-fest lately, leaving many investors to wonder if the asset has lost its mojo. While other tokens were grabbing headlines with face-melting rallies, ETH has been stuck in a consolidation phase, creating a growing divide between its market price and its actual network health.
According to Vivek Raman, CEO of Etherealize, this disconnect is exactly where the opportunity lies for 2026. In a recent interview, Raman argued that while the price chart looks sluggish, the underlying data is anything but.
Ethereum continues to be the undisputed king of high-value sectors. The network and its Layer 2 scaling solutions currently host the vast majority of the over $300 billion stablecoin market. Furthermore, Ethereum has secured a massive lead in the tokenization of real-world assets (RWAs), accounting for more than 90% of all tokenized assets on-chain.
This isn't just theoretical anymore. Heavyweights like JPMorgan Chase and Fidelity are actively deploying tokenized products using Ethereum's infrastructure, a shift that signals a move from experimental sandbox to serious financial plumbing. Raman attributes this acceleration to improving regulatory clarity, particularly in the U.S.
Rather than a short-term price call, the analysis suggests a structural re-rating of ETH as the neutral settlement layer for a new financial stack. The takeaway for degen traders is to look past the immediate chop; the market might be ignoring the slow-motion pile-up of value happening right on-chain.
