Ethereum, the world's second largest blockchain, could be on the brink of its biggest breakout. According to Market Watchers, Stablecoins' explosive growth on the Ethereum Network could be the long-awaited trigger for a massive Nvidia-style price rally.
Nvidia's Breakout: Ethereum's Blueprint?
Nvidia's stories provide useful comparisons. Before 2023, Nvidia's stock price had moved mostly sideways and had little momentum, according to analyst analysis Crypto Rover. Then came the AI revolution marked by ChatGpt's massive public adoption.
As demand for GPUs exploded, Nvidia's stock price surged from under $20 to over $160 (split-adjusted). This eight-fold increase came as a sudden, massive surge in demand collided with technology that was already built and ready to go. Nvidia's hardware was already powering AI workloads, making it a reliable supplier overnight. Ethereum could be in a very similar position now.
Related: Ethereum Foundation's aggressive move raises brows as market eyes $2,700 resistance
Ethereum prices have been integrated in the same way as pre-breakout Nvidia since its high in 2021. The network laid the foundations with DEFI, NFTS, and Layer 2 scaling solutions.
However, the missing catalyst may be stable. As Stablecoin adoption accelerates, Ethereum could experience a comparable surge in demand. Stablecoins provide real utility, providing faster, cheaper transactions across borders, and replacing traditional payment rails.
Tomley says the stubcoin is the Ethereum Chatgupt moment.
This chart shows what happened to NVDA during “ChatGpt Moment.”
Are you mentally prepared? pic.twitter.com/veziis8eq8
– Crypto Rover (@rovercrc) July 9, 2025
Catalyst: Stubcoin as Ethereum's “chatgpt moment”
Strategist Tom Lee claims that Stubcoin represents a groundbreaking moment for Ethereum. Just as ChatGpt made artificial intelligence more understandable and useful to the public, Stablecoins are now a blockchain technology that is useful for everyday finance.
Increased Stablecoin volumes can cause Ethereum network values to rise. More businesses and consumers use stubcoins for remittances, pay and international trade. What's more, Ethereum's Layer 2 network is scaled at high speed, making these transactions cheaper and more efficient.
Crypto Rover highlights that Ethereum's current integration reflects Nvidia's pre-AAI stage. If the Stablecoin story gains traction, Ethereum could erupt significantly. Therefore, investors may need to mentally prepare for this shift.
ETH Current Market Signals and Future Outlook
Ethereum is trading at $2,611.08, up 2.44% over the past 24 hours and 6.60% over the past week. The market capitalization is $315 billion, with a supply of ETH of 120 million people.
Related: Ethereum Records updated new interest from whale investors: Is ETH price ready for $4K next?
Meanwhile, Nvidia is trading around $160.00, reflecting the continued strength of the AI sector.
Disclaimer: The information contained in this article is for information and educational purposes only. This article does not constitute any kind of financial advice or advice. Coin Edition is not liable for any losses that arise as a result of your use of the content, products or services mentioned. We encourage readers to take caution before taking any actions related to the company.
