Bitcoin Updates: Bitcoin Strengthens Its Digital Gold Status While Ethereum Faces Challenges

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Bitcoin Updates: Bitcoin Strengthens Its Digital Gold Status While Ethereum Faces Challenges

Bitget-RWA2025/11/17 22:14

By:Bitget-RWA

- Ethereum fell below $3,000 while Bitcoin neared $90,000, signaling shifting investor sentiment and market realignment. - Calastone integrated Polygon's blockchain to streamline tokenized fund distribution, reducing costs and settlement times for institutional investors. - Bitcoin's "digital gold" status strengthened as it outperformed gold during downturns, with analysts projecting $1M+ prices by 2030. - Institutional adoption of blockchain solutions accelerated, with major players like BlackRock testing

On November 11, Ethereum's value slipped below $3,000, while

Bitcoin

surged toward $90,000, suggesting a possible change in investor attitudes as the market undergoes a broader adjustment. This shift occurs as more institutional investors look into blockchain-based asset management, with

Calastone's adoption of Polygon's infrastructure

representing a significant milestone in the distribution of tokenized funds.

The gap in performance between the two leading cryptocurrencies has grown more pronounced in recent months. Bitcoin, which has consistently outpaced

Ethereum

over the last ten years, is now trading at all-time highs,

with some experts forecasting

it could climb to $1 million by 2030. In contrast, Ethereum's recent challenges highlight wider market doubts about its capacity for sustained growth in an increasingly crowded altcoin market.

Together, these two cryptocurrencies make up 70% of the total crypto market value

, making their trends a key indicator of the industry's overall health.

Calastone, an international funds network that processes more than $328 billion in transactions each month, has

introduced tokenized fund share classes

on Polygon's Ethereum Layer 2 platform. This integration enables asset managers to shorten settlement periods and cut operational expenses, all while adhering to institutional compliance standards. By utilizing Polygon's technology, Calastone seeks to simplify global fund access and bridge traditional finance with blockchain-based liquidity.

Simon Keefe, Calastone's Head of Digital Solutions, highlighted

that this step meets the rising need for "efficient, transparent infrastructure" in the fund distribution sector.

Bitcoin Updates: Bitcoin Strengthens Its Digital Gold Status While Ethereum Faces Challenges image 0

This partnership builds upon Calastone's previous work with Fireblocks, which made it possible to tokenize fund share classes across several blockchains. These advancements demonstrate the growing maturity of blockchain in institutional finance,

with industry giants such as BlackRock and real estate companies

already running tokenization trials on Polygon. The pace of integration is expected to increase as more asset managers turn to on-chain solutions to reach digitally native investors.

Bitcoin's recent strength has

solidified its reputation as a "digital gold" alternative

, outperforming gold as a store of value during market slumps, according to research from BlackRock. Analysts including Cathie Wood of

Ark

Invest have revised their Bitcoin price forecasts to $1.2 million by 2030, while Ethereum's potential remains more limited,

with Standard Chartered estimating

a price of $25,000 by 2028. Although Ethereum recorded a 637% increase from 2020 to 2025,

Bitcoin's 533% growth in the same timeframe

highlights its continued dominance in the crypto space.

The market's emphasis on minimizing downside risk has also favored Bitcoin. While Ethereum's ecosystem is broader, Bitcoin's history of rebounding from volatility has made it the preferred safe-haven for institutional investors.

This trend is expected to influence the next stage

of cryptocurrency adoption, with Bitcoin's resilience and Ethereum's innovative capabilities both playing pivotal roles in the industry's future.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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