On January 5th, as Ethereum reaches a critical milestone in 2025 with institutional funds entering through the "Digital Asset Vault (DAT)," market focus is shifting towards a new adoption driver in 2026—crypto-native new banks. Ether.fi CEO Mike Silagadze stated that the next phase of Ethereum's expansion will be led by available financial products rather than speculative trading cycles. Analysts believe that these new banks will combine self-custody, high-yield stablecoin products, and traditional mobile banking experiences to provide an entry point for the vast user base that is concerned about DeFi complexity but seeks returns higher than traditional savings. By masking details such as Gas, private keys, and cross-L2 operations, these new banks are becoming a key bridge for Ethereum's mainstream adoption. Meanwhile, institutional staking and liquidity staking form the underlying support. The DAT emerging in 2025 allows enterprises to hold Ethereum

【Blockchain Rhythm】The narrative around Ethereum is quietly shifting. Over the past year, institutional funds have entered the market on a large scale through digital asset vaults (DAT), which is seen as a watershed moment — the next growth driver will no longer come from pure speculative trading, but from real financial products. Mike Silagadze, CEO of ether.fi, straightforwardly states that Ethereum's next phase of expansion will be driven by available financial products. What are the key players in this space? A category of applications known as "crypto-native new banks" is emerging. Their logic is simple — they combine self-custody, high-yield stablecoin products, and the user-friendly experience of traditional mobile banking. In other words, users can enjoy DeFi's high yields (on-chain returns of 4%-5%), without having to worry about Gas fees, private key management, cross-L2 operations, and other complicated issues. This is especially appealing to those who are kept out by DeFi's barriers but are dissatisfied