Vice President of Operations at Hong Kong Victory Securities: Virtual assets may usher in "Ethereum time"
Victory Securities' Deputy Chief Operating Officer, Zhou Lele, stated that virtual assets may usher in an "Ethereum time" as funds are currently flowing towards Ethereum.
He pointed out that the fundamentals of Ethereum are continuously improving, including aspects such as new addresses, active addresses, and value capture. In addition, more and more Ethereum is flowing out of centralized exchanges into Staking, Layer2, and lending platforms for collateralization. Finally, with the increase in usage rate, the scale of Ethereum burning is also intensifying. Once collateralization, usage, and burning resonate with each other, Ethereum may experience a shining moment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of America warns: Federal Reserve's dovish rate cuts may impact year-end stock market rally
CertiK: USPD contract attack resulted in a loss of approximately $1 million, with the entire attack lasting 2 months
Pundi AI partners with Assemble AI: Creating verifiable crypto intelligence for 1.6 million users