Arthur Hayes: Ethereum will bypass Solana

The Investment Director of the Maelstrom Foundation and the co -founder of the Bitmex crypto -tank, Arthur Hayes, said that the Ethereum’s blockchain will surpass the performance of its competitor Solana, despite criticism towards the Ethereum.

In an interview with Fortune, Arthur Heis said that Ethereum has much better, because now they hate him. Many blockchain critics think that they do nothing in the Ethereum, but the network leads the number of blocked assets (TVL). Ethereum is still the most developers, and it is considered the safest blockchain using the consensus algorithm Proof-Of-Stake (POS), Hayes said.

The founder of Bitmex admitted that the ETH course has not been pleased since 2020, while the SOL coin recently showed a jump. And yet, Hayes believes that the etherium can surpass SOLANA in activity in the next bull race, which will last 18-24 months.

Basically, the SOLANA network is used to create memcoirs, the hype of which again occurred at the beginning of this year. However, now that the hype around the memocenes has subsided, the activity of Solana and its income also decreased. Meanwhile, the Ethereum remains an industry standard for creating decentralized finance projects (Defi), decentralized applications (Dapps) and stablecoins, Hayes explained.

In his opinion, the dominance of bitcoin in the digital assets market will continue to grow. In the next bull trend, the cryptorrome of Bitcoin can approach $ 200,000, and then the altcoin season will come.

Hais recently said that by the end of this decade, the US dollar pressure will push BTC to seven -digit numbers. The devaluation of the giant stock of US Treasury bonds and the repatriation of foreign capital will become the main factors of bitcoin growth up to $ 1 million, Hayes suggested.

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Source: Cryptocurrency

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