Polygon’s Co-Founder Thinks Ethereum (ETH) Will Overtake Bitcoin (BTC)!
Sandeep Nailwal said in a recent interview that Ethereum will sooner or later surpass Bitcoin and become a global standard. Thinking that Polygon’s scalability solution will play an important role in Ethereum’s long-term success, Nailwal stated that it is still early to talk about alternative projects such as Solana. Sandeep Nailwal gave the following words on the subject:
“The fact that Ethereum blockchain is based on security and decentralization always puts it one step ahead of other projects among smart contract platforms. Ethereum doesn’t just offer decentralized digital value. The smart contract platform has different usage areas. This is exactly why, in the long run, it will prove to be better than Bitcoin . It may take maybe even 10 years for that to happen, but I definitely believe it will happen in the future.”
There Are Many Market Actors Who Agree With Nailwal
There are many analysts who say that Ethereum, the second largest cryptocurrency by market capitalization, has become more popular than the leading cryptocurrency over the past year. Analysts say that the spread of DeFi (decentralized finance) and NFTs (non-fungible tokens) has greatly increased the current popularity of ETH. As a matter of fact, from the news flows of the last year, it can be easily seen that both individual and institutional investors have shown great interest in decentralized finance. In addition, there has been an incredible interest in the NFT field lately. The trading volumes of the NFT marketplace OpenSea platform prove that the great interest in the last months, albeit partially, continues.
The information contained in this article does not constitute investment advice. Investors should know that cryptocurrencies carry risks due to their high volatility and should perform their transactions in line with their own research.