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Ethereum Is Powering Wall Street's Future. The Crypto Scene at Cannes Shows How Far It's Come

ALPES-MARITIMES, PROVENCE-ALPES-CÔTE D'AZUR, JUL 3 – Ethereum and Cardano saw developer activity rank among the top on GitHub, with Robinhood launching tokenized stock trading on Ethereum's Layer 2 network, boosting institutional interest.

  • On July 2, 2025, both Ethereum and Cardano saw notable price recoveries, rising by 5% and 9% respectively, and climbing back to levels not seen in the previous ten days.
  • This sharp rally followed sustained developer activity and institutional interest, highlighted during the Ethereum Community Conference held in Cannes this week.
  • This week, Cardano secured the 4th position and Ethereum the 13th in terms of GitHub developer engagement, while Cardano’s daily trading volume reached $937.76 million, reflecting strong investor involvement.
  • Robinhood made history as the pioneering publicly listed U.S. firm to offer tokenized stocks directly on the blockchain, driving its share price above $100 amid a new crypto initiative connected to Ethereum’s Layer 2 solution, Arbitrum.
  • These events underscore Ethereum’s expanding role as foundational infrastructure for tokenized finance, with cities like Cannes exploring deeper crypto integration and major firms advancing tokenization platforms.
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Ethereum is powering Wall Street's future. The crypto scene at Cannes shows how far it's come

Ethereum’s institutional adoption is accelerating, with BlackRock, Deutsche Bank, Coinbase, and Kraken all building directly on its rails.

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TokenPost broke the news in on Wednesday, July 2, 2025.
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