TradingKey - Shares of SharpLink Gaming (SBET.US) rose nearly 6% in recent trading, with a cumulative gain exceeding 140% this month alone. Dubbed the “Ethereum version of MicroStrategy,” the company has drawn investor attention for its significant holdings in Ether and its strategic investments in decentralized gaming and blockchain infrastructure. Growing enthusiasm for crypto-related assets has made SharpLink a hot target for short-term capital.
[Daily chart of SharpLink Gaming stock, source: TradingView]
At the same time, shares of The Trade Desk (TTD.US) surged as much as 15% in after-hours trading following news that it will be added to the S&P 500 index — a move reflecting strong market confidence in its growth prospects. The digital advertising platform is set to officially join the benchmark index before market open on July 18. Passive funds are expected to ramp up purchases ahead of the inclusion, boosting liquidity and institutional interest.
[Intraday chart of The Trade Desk stock, source: TradingView]
Analysts noted that SharpLink’s surge highlights rising market optimism around real-world blockchain adoption, especially amid Ethereum’s expanding ecosystem. Its future monetization model and application scenarios are now under close watch.
The Trade Desk’s inclusion in the S&P 500 marks a pivotal step in its transition from a high-growth tech name to a blue-chip staple. Morgan Stanley pointed out that the move is likely to broaden its investor base and support further valuation upside.