Horas Daily Research - February 27, 2026
Crypto Rebound: Ethereum L2 Heats Up, Indo Stock Still Waiting
Hari ini crypto's back in action. Trading volume on CEX is up 2.43% to $5.95 trillion in January 2026, and stablecoin's trending bullish again at $310 billion. Ethereum L2's got everyone talking, with a projected 6 million active addresses by the end of the year, handling a whopping 99% of ETH transactions. Meanwhile, Indonesia's population has grown from 260 million in 2015 to 285 million in 2025, but the IHSG is still playing it safe, waiting for a trigger.
I'm not kidding, this crypto rebound is real. The correlation between Bitcoin and gold has flipped positive to 0.40, which means Bitcoin's becoming a safe haven again when the macro scene gets choppy. Smart investors are eyeing Ethereum L2, which is essentially a scalability fix that turbocharges DeFi and IoT. Transaction costs have plummeted by 80% year-over-year, and L2's on track to handle almost all ETH activity, leaving L1 for heavyweight settlements. For Indonesian investors, the massive population growth is driving a huge consumer base for fintech and stocks like BBCA or BMRI. But without a catalyst like a BI rate cut, the market's still stuck in neutral.
Fintech's on fire, with a 24.81% compound annual growth rate (CAGR) projected to reach $17.88 billion by 2035. This is going to be a game-changer for embedded finance in Indonesia, potentially boosting the stock market. If you're holding onto ETH or alt-L2, HODL tight; if you're invested in Indo equity, just wait for Q1 earnings to avoid getting caught in a dead cat bounce.
The grapevine's buzzing with rumors. Everyone's talking about Ethereum's L2 roadmap, with Brett DiNovi saying fragmentation's still holding back value. But the 2026 upgrade is going to shift the battlefield to L2 wars. There's also chatter about TikTok's stock screener AI being the next big thing, with retail traders in Indonesia scanning BBCA post-market, but it just looks like FOMO. In fintech gossip, self-evolving AI agents are all the rage (Medium's saying they'll even include emotional reasoning), and Apple's rumored iPad and MacBook launch on March 4 could give gadget stocks a boost.