Ethereum co-founder Joe Lubin highlights the significance of Ether treasury strategies to enhance the cryptocurrency's supply/demand dynamics, similar to what companies like SharpLink Gaming are doing.
Accumulating Ether in corporate treasuries helps absorb excess supply and create upward price pressure, ultimately telling the Ethereum story to Wall Street.
SharpLink Gaming, a major player in Ether treasury strategies, saw its stock price surge by over 28% after acquiring 7,689 ETH.
Lubin believes that Ether's weak price action against Bitcoin in recent years is partly due to weak narratives, which Ether treasury strategies can help address in a more pro-crypto regulatory environment.