Entreparticuliers, a French public company, surged nearly 10x after announcing its transition to an Ethereum Treasury Company.
The company plans to buy more ETH and integrate Ethereum into its operations, aiming to revolutionize real estate transactions.
Following the success of MicroStrategy with Bitcoin, more public firms like Abraxas Capital and BTCS Inc. are considering crypto as part of their treasuries.
Investors are optimistic about ETH's potential, with expectations of hitting $5,000 as institutional demand for Ethereum rises.