Why does real estate tokenization matter for ETH?

Tokenized property uses smart contracts for ownership, transfer, and compliance. If large managers adopt it, higher-value activity can cluster on Ethereum and L2s. That can support fees and developer focus. The key is compliant rails, custody, and KYC so institutions can transact at scale with predictable costs and clear settlement.

How does NFT utility support ETHUSD today?

NFT utility moves beyond art to tickets, memberships, and real-world assets. When NFTs solve clear problems, transactions repeat and settle on-chain. That steadier flow can support Ethereum fees and network effects. For ETHUSD today, utility-driven volumes matter more than hype spikes, which often fade and leave weak price support.

What fee metrics should I track on Ethereum and L2s?

Watch total fees, average cost per transaction, and gas share between mainnet and L2s. Rising L2 throughput with stable total fees can be healthy. Spiking costs without higher settlement success is a warning. Also track congestion during market stress, which reveals if scaling holds when demand jumps.

Is ETHUSD today a buy or a hold for Australians?

Our model grade is C+ with a HOLD stance. Momentum is weak, though long-run forecasts improve toward the low $3,000s. Consider staggered buys only after a close above the 50-day average and improving on-chain metrics. Keep position sizes moderate, record cost bases for tax, and reassess monthly.

What risks could derail the tokenization theme?

Regulatory delays, unclear liability, and fragmented marketplace rules can slow adoption. If royalty policies or governance shift unpredictably, volumes may scatter. Technical risks include bridges and custody failures. For price, falling total gas and weak settlement metrics would signal that utility demand is not yet durable.

Global Market Insights

ETHUSD Today: February 23—Sternlicht Tokenization Puts NFT Utility in Focus

ByHuzaifa Zahoor February 23, 2026February 23, 2026

ETHUSD today sits at a key junction for utility. ETHUSD trades at $1,864.09, down 4.31% day on day, as investors weigh real estate tokenization and NFT utility against weak momentum. Barry Sternlicht’s push to tokenize a $125B property portfolio, now paused by U.S. rules, puts Ethereum fees back in focus. For Australian investors, the next leg likely hinges on gas share between mainnet and L2s, marketplace governance, and institutional rails that support custody, KYC, and fiat settlement.