1confirmation Founder: ETH Scarcity Will Gradually Increase
1confirmation founder Nick Tomaino stated on the X platform that Ethereum is the leading platform for applications such as stablecoins, DeFi, NFTs, prediction markets, decentralized identity, and decentralized social networks. Many developers and companies like Blackrock, Fidelity, Stripe, Deutsche Bank, Sony, Visa, Polymarket, Uniswap, Aave, and Opensea are thriving within the Ethereum ecosystem. ETH is a reliable and neutral store of value, and as the ecosystem's applications become increasingly diverse, its scarcity also increases. Additionally, it is a capital-generating asset, and its protocol continues to evolve.
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
Data: Total net inflow of US spot Solana ETF reaches $674 million
This week, the net inflow of US Bitcoin spot ETFs reached $286.6 million.
Data: A certain whale swapped 163 BTC for 4,717 ETH via THORChain cross-chain transaction
