Ethereum Leads $34.2B Tokenized Funds as ETH Price Eyes $2500 Breakout

Ethereum’s role in the tokenized fund market is gaining attention as total tokenized funds reach $34.2 billion across 33 blockchain networks. According to Token Terminal, Ethereum holds 47.1% of the on-chain market capitalization, ahead of BNB Chain and Stellar. Meanwhile, Lookonchain reported that a trader opened a $63.88 million ETH long position following a market decline, recording $842,000 in unrealized profit. Crypto analyst LSTRADER maintains a bullish outlook for the ETH price but identifies $2,500 as a key level for confirming continued upward momentum. According to Token Terminal, tokenized funds have reached $34.2 billion across 33 blockchain networks.