According to Crypto Rover, Fidelity's Digital US Dollar is set to go live on the Ethereum network on May 30. Fidelity, which manages $5.8 trillion in assets, is leveraging Ethereum's blockchain for this launch. This move is expected to increase bullish sentiment on Ethereum ($ETH), as it underscores institutional adoption of its network capabilities. Traders may want to monitor the impact of this development on ETH's market performance.