ETHCC’s encryption scene at the opening festival shows to what extent ETHEREUM has reached

Cannes Festival – The new plumbing is built in Wall Street ethereum This week, architects seized the same French villas and the places of the red carpet that hosts Festival Festival Festival in May.

the Ethereum Society ConferenceOr ethcc, seized the beach city with which she was wandering Encryption Founders, developers and some institutional giants are now building infrastructure.

The encryption elite went up to the distinctive steps of the red carpet of the palace festivals-a cinematic teacher now restarted as a pioneering European event stage in Ethereum.

“The atmosphere this year has been clear at the Cannes Festival,” said Betina Bon Valor, the strength behind ETHCC over the past seven years. “The position of the site, along with the quality of the conversations, has strengthened the status of Ethereum and its purpose in the wider ecosystems.”

Special parties extend through sloped real estate and exclusive resorts, but talks were less about price movement and more about Blockchain’s advanced role as the background of global finance.

ETHCC, now in its eighth year, tracked the ETHEREUM path from the SCRAPPY experience to the institutional spine.

“This effect was unambiguous this year,” Valor said. “From Robinhood, embracing the decentralized financing infrastructure by expression to local governments, such as the city of Cannes, to explore deeper integration with the encryption economy.”

In fact, one of the most bold movements this week came from RobinhoodAnd that became the first American company to be circulated publicly Symbolic stocks On the series.

In a products exhibition held inside the Bill Palace époque overlooking the sea, Robinhood revealed a sweeping new Encryption – Including the ability of European users to trade the distinctive symbol American stocks And ETFS via induction, layer 2 network is based on ETHEREUM.

This announcement helped to pay Robinhood shares to more than $ 100 for the first time, crowned a new week The highest level More than 30 % has gathered since exist to avoid by S & P 500 During the last balance.

The ether, the original distinctive Ethereum Blockchain, increased by approximately 6 % per week and many public shares associated with Blockchain Be side by side.

Deta -photo techniquesThe company that collects bitcoin, has gained more than 1,200 % Since the announcement It would make the ether assets of the main cabinet reserve. Digital bitany I recently came out of bitcoin mining To become a pure play, “Ethereum Staking and Treasury Company, has gained more than 34 % this week. and Sharplink GamingWhich added more than 20 million dollars in Ether to its public budget this week, more than 28 % jumped on Thursday.

Ether ETF flows also rise again – a sign that institutional investors regain warming.

Ether is still less than 20 % this year and is behind Bitcoin in the maximum market and adoption. But the money that follows ETH has often seen two consecutive months of net flows, according to COINGLASS data. However, ETHER ETFS is only $ 11 billion – compared to $ 138 billion in investment funds traded in Bitcoin.

Institutions do not bet on ethereum on the noise – they are betting on the infrastructure.

Although stalling and network prices face the opposite winds from the revenue of the essential layer and the fastest competitors like Solana, the momentum turns towards benefit.

“Ethereum is connected to these platforms of transactions,” Paul Brody, the global Blockchain leader in EY, told CNBC on the margins of ethcc. “Investors, savings, people who transport money – will start switching from some ancient mechanisms to do this in Ethereum Ethyro that can carry out these transactions faster and cheaper, but also very important, with important new functions associated with them.”

German bank She recently announced that she is building a symbolic platform Zksync -The fastest and cheaper than the Blockchain built on top of ETHEREUM-to help asset managers to issue distinctive money, manage symbolic funds, nails, and other assets in the real world while meeting regulatory requirements and data protection.

Coinbase Kraken also races to have the intersection between traditional stocks and encryption.

Coinbase with SEC to provide trading in distinctive public stocks, a step that diversified its revenue flow and brings them to more direct competition with brokerage companies such as Robinhood and etoro.

Corner Plans announced To provide trading 24/7 for American stock symbols in the selected foreign markets.

BlackrockLast year, the distinguished money market fund, which was launched on ETHEREUM last year-offers qualified access to investors on the chain to the return with the recovers settled at USDC in the actual time.

Meanwhile, Stablecoins is still the backbone of the ETHEREUM financial layer.

circle USDC- The second largest stablecoin- still About 65 % of its size is settled on Ethereum bars. According to the latest of Coingecko “Stablecoins” case Report, ETHEREUM represents approximately 50 % of the stablecoin market share.

“They put the basis for making Ethereum home for the next billion. “

Although the latest Blockchains describes faster speeds and fewer drawings, Ethereum proves its strength to stay as a reliable network.

Vitalik Buterin, co-founder of Ethereum, told CNBC at Cannes that there is an assumption that institutions are only concerned with size and speed-but in practice, that is the opposite.

He said, “Many institutions tell us mainly our faces that they appreciate Ethereum because they are stable and reliable, because they do not decrease,” he said.

Borin added that companies are often asked about privacy and other long-term features-types of fears related to institutions, “really value”.

Tomasz Stańczak, the new executive director of the company Ethereum FoundationThe aforementioned institutions choose ethereum for the same basic reasons.

“Ten years without stopping for a moment. Ten years of promotions, with a great dedication to resisting security and control,” he said.

He added that when institutions send orders to the market, they want to be “completely sure that their orders are treated fairly, and that no one has a preference, and that the treatment is actually implemented at a time when it is delivered.”

These guarantees are of increasing value as Stablecoins and distinctive assets move to the main current.

the The last Senate has been approved by the Genius LawAlong with public subscription, Make the industry The regulatory rear winds helped enhance Ethereum as a layer of unique financing infrastructure.

The basic values ​​of Ethereum – neutrality, security and control resistance – appear as competitive advantages.

The real test now is whether Ethereum can expand without losing its values.

“We don’t just want success,” said Borin from the main ball this week. “We want to be something worth success.”

He said that hope is for future generations to look back and see a network that really handed over openness, freedom and access without permission to the masses.

But the week did not end in the conference halls, as it was closed with traditions. On the balcony of Villa Montana, overlooking the Gulf of Cannes, Raef’s party lit up.

The guests with white jammed the cocktails while the DJ is woven next to the pool, and the net officers of the smoke machines.

This year, the co -founder of Chainlink Sergey Nazarov and Davi stood the icon of Stannie Colichov, the founder of AAVE, over the balcony overlooking the crowd and an inverted festival horizon.

It was a shot suitable for the momentum behind the institutional height of Ethereum and a Web3 transformation code from the specialized experience to the financial support.

He watches: Vlad Tenev, CEO of Robinhood, explains the “double purpose” behind the new encryption offers for the trading platform