Hong Hao: Ethereum is very likely to set a new historical high.

According to news from CoinWorld, renowned analyst Hong Hao published an article on July 20 titled "Using Ether and Bitcoin for Asset Allocation." The article points out that Ethereum and Bitcoin are akin to the two main pillars of the digital world; Bitcoin serves as a store of value, while Ethereum is a tool for transactions. The "GENIUS Act" grants legitimacy to stablecoins, and the issuance of stablecoins based on Ethereum as a transaction settlement network will significantly boost the demand for Ether, leading its performance in July 2025 to surpass that of Bitcoin, and it is very likely to set a new historical high. In the short term, the development of stablecoins and cryptocurrencies will instead consolidate the dominant position of the US dollar, while in the long term, it will promote a more open monetary system. Ethereum, Bitcoin, and other cryptocurrencies should be an indispensable asset class for investors amid the wave of digital assets.