The era of the dominance of the Ethereum among first -level blockchains came to an end, and among such platforms the leading race began, said the general director of the analytical company Nansen, Alex Swanevik.
According to Svanevik, now there is a competition between several blockchains for the right to be the main platform for trading and the wider use of blockchain technology:
“If you asked me three or four years ago, whether Ethereum will dominate the crypto space, I would answer in the affirmative. But now it is obvious that this does not happen. We observe how small networks grow extremely quickly, and a group of five or six leading blockchains is formed. This is an exciting time. “
The analyst suggested that the main network of the ecosystem can be SOLANA, but dozens of other small blockchains are also fighting for their share in the market. The growth of Solana is indisputable, the network overtook the etherium in active addresses and the volume of transactions.
For the sake of maintaining the popularity of the network, the developers of the Ethereum must focus on creating solutions that meet the real needs of customers, and not on short -term tasks, the expert summarized.
Earlier, the founder of Cardano Charles Hoskinson said that the Ethereum is not more than 10-15 years old, despite the fact that cryptocurrency takes second place in market capitalization.
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Source: Cryptocurrency
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