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Ethereum ($ETH) gained 3 percent as tokenization interest, the process of recording real-world asset ownership on a blockchain, pulled institutional money into the market.
Bulls are targeting $1,800 as the next resistance level to clear. Weak onchain and derivatives data, though, leave the move fragile and a $1,700 retest firmly in view.
Why tokenization matters for ETH demand Tokenization is the practice of issuing a blockchain-based token that represents a claim on a real-world asset, a bond or a property interest.
When institutions issue those tokens on the Ethereum network, they need ETH to pay the transaction fees that move assets on-chain. That ties buying pressure to actual network usage rather than pure speculation.
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