Crypto Biz: Do you believe in Ethereum killers? Put your money where your mou...
Grayscale Investments is giving accredited investors an easy path to investing in alternative smart contract platforms, including Cardano and Solana. While crypto markets are still in a state of “fear,” as evidenced by Bitcoin’s Fear & Greed Index, the industry as a whole is giving us reasons to be bullish. Large venture funding rounds, growing adoption of decentralized governance models and new institutional-grade product offerings suggest that crypto is more than just daily chart patterns. This week’s Crypto Biz newsletter looks at a new Grayscale product that’s giving accredited....
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The new competitive arena in the so-called scaling wars is between Ethereum-enhancers, not Ethereum-killers.
“All the Ethereum killers from back in the day didn't succeed, and I don't expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph. Blockdaemon’s ETH ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its utility as a smart contract platform and upgrades to the network following the Merge. Speaking to Cointelegraph during the Ethereum Community Conference (EthCC) this week, Zwanzger said:“It'll continue to be a leader. I mean, obviously, the first and most important smart contract....
A research firm has revealed an altcoin trading playbook that could serve as a guide for navigating the next cryptocurrency bull run. K33 Research Shares Its Altcoin Trading Playbook In a new post on X, K33 Research (formerly Arcane Research) explained that new altcoins make better trades than old ones. The firm has given a few reasons for why this is so. “In lack of price-driving fundamentals, the narratives and liquidity matter,” explains the research organization. “And new coins generally outperform old coins.” Related Reading: Maker (MKR) Rockets To $1,500 With....
While it may still be the primary network hub for defi activities, smart contracts, and NFTs, bridges built using competing networks like Tezos could pose a serious challenge to Ethereum’s market share in these areas. New Solutions to Old Problems Could Undermine Network’s Potency In the time since the network’s unveiling, Ethereum-killers have abounded with claims that they would displace the network with faster transactions, more scalability, lower fees, and effectively do just about everything better. Despite all the hype surrounding these answers to Ethereum’s....
Two Ethereum killers are on the brink of price rallies; they include Avalanche (AVAX) and Solana (SOL). Pentoshi’s Stand On Solana And Avax Pentoshi, a pseudonymous crypto pundit and analyst, took to Twitter to say that he presumes Solana (SOL) is about to change momentum towards a bullish one. Related Reading | Negative Sentiment Deepens In Crypto, Why Recovery May Not Last The Solana crypto project traded at a crucial support level following the massive sell momentum last week. Currently, the SOL token is trading at $47.89, a 4% growth from the 24-hour circle. Also, last week,....