Ethereum demonstrates a structural dominance in the tokenization of real-world assets (RWA). By the end of 2025, its locked-in value has reached $12.2 billion, far surpassing competitors. Institutional investors favor it mainly due to its liquidity depth and settlement reliability. Meanwhile, a large influx of institutional capital, including BlackRock's $31.3 million direct investment, has also brought strong buying pressure. Ethereum has re-established itself above the critical $2,000 mark. Its price structure indicates that if it can effectively break through the $2,150 resistance level, it may attempt to reach $2,400, provided the price can maintain this psychological support level.