Bhutan's Ethereum Adoption Signals Bullish Future

Bhutan's migration of its national ID system to Ethereum (from Polygon) is a significant real-world adoption event for the Ethereum blockchain. This move, highlighted by the Ethereum Foundation President, validates Ethereum's utility for self-sovereign identity and government services. Such high-profile institutional adoption can be a strong bullish catalyst for ETH's price and broader crypto market confidence. The country's existing holdings of Bitcoin also underscore a national commitment to digital assets.