1confirmation founder: ETH is used as a currency to promote new use cases for all Internet development
Nick Tomaino, the founder of 1confirmation, wrote on the X platform that ETH is the currency used for all new use cases driving the development of the internet, from decentralized finance to NFTs, prediction markets, stablecoins, games, and DAOs, among others. ETH has a yield of about 2.5%, is deflationary, and benefits from the growth of the most robust blockchain scaling strategies (L2 and L3), which is why extreme BTC users hate ETH because they feel threatened.
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
BlockDAG Breaks Out with $303M Presale & 10,000x Potential While Avalanche Stalls and Arbitrum Fails to Break Resistance
Compare BlockDAG's $303M rise, uncover AVAX's price delay, and analyze ARB's resistance zone. Track key shifts in crypto and see why BlockDAG leads this waveARB Price Rises Yet Lacks Breakout SignalAVAX Price Stuck Despite Rising ActivityBlockDAG’s Hybrid Tech and Global Reach Fuel $20 ProjectionSumming Up!
Kaspa Price Prediction 2026: Can It Hit $0.66 Before Qubetics Launches Its Mainnet?
Kaspa eyes $0.66 by 2026 with bullish momentum, while Qubetics leads Web3 interoperability with a $18M presale. Discover why both are 2025's top blockchain plays.Price Floors and Bullish Reversals: The Technical Side of Kaspa’s 2026 PathLayer-1 Competition and What Sets Kaspa ApartQubetics’ Cross-Chain Vision May Redefine Interoperability in 2026The Bottom Line: A Tale of Two Blockchain Strategies
Bitcoin Holds Above $104K After Iran Retaliation
Gumi Inc. Adds 80 Bitcoin to Corporate Treasury
Trending news
MoreCrypto prices
More
