Markets· ★★★· bullish·

CryptoQuant: Analysts Rate Ethereum 'Strong Buy' Despite Year-to-Date Loss

  • —CryptoQuant consensus index for ETH stands at +59 on 180 opinions; monthly reading is +36
  • —Raoul Pal added to ETH at $1,650; the token is up over 33% in six months
  • —US spot ETH ETFs drew more than $2.835 billion over three months
  • —Tokenized real-world assets on Ethereum exceed $16.6 billion
Why it matters: The gap between ETH's negative year-to-date return and bullish analyst consensus shows a bet on ETF inflows and tokenization demand.
Source: Comparic