The Strategic Ethereum Reserve has expanded from roughly $200 million in April to about $10 billion as of 3 August, a 50-fold increase in four months, according to data cited by Cointelegraph. The reserve now controls an estimated 2.7-2.8 million ether—around 2.3 % of the cryptocurrency’s circulating supply—suggesting heavy accumulation by institutions and long-term investors. Fresh liquidity is pouring into the Ethereum ecosystem. Market trackers report that nearly $1 billion in stablecoins flowed onto the network within 24 hours on 3 August, while the broader stablecoin sector has added roughly $59 billion in capitalization in recent weeks, much of it on Ethereum. Stablecoin issuers are benefiting from the trend. Ethena Labs’ USDe token has surged 75 % in three weeks to a $9.3 billion market value, making it the industry’s third-largest stablecoin, while Ripple’s RLUSD has crossed the $600 million mark. The simultaneous rise in ether reserves and stablecoin liquidity underscores renewed institutional interest in Ethereum and intensifies competition among dollar-pegged tokens vying for market share on the network.