On July 20th, renowned analyst Hong Hao released an article titled "Asset Allocation with Ethereum and Bitcoin", which pointed out that Ethereum and Bitcoin are like the two pillars of the digital world. Bitcoin is the carrier of stored value, while Ethereum is the tool for transactions; The GENIUS Act grants legitimacy to stablecoins, and the issuance of stablecoins based on Ethereum as a trading settlement network will significantly increase demand for Ethereum, surpassing Bitcoin's performance in July 2025 and likely reaching a historic high. In the short term, the development of stablecoins and cryptocurrencies will actually consolidate the dominant position of the US dollar, and in the long run, it will promote a more open monetary system. Ethereum, Bitcoin, and other cryptocurrencies should be an indispensable asset class for investors in this wave of digital assets. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45892