1confirmation founder: In the future, there will be many native value storage methods on the internet, but currently, there are only BTC and ETH

ChainCatcher news, according to Nick Tomaino, founder of 1confirmation, who posted on the X platform, ETH is expected to surpass BTC, with its key advantage being a rich application ecosystem.

He pointed out that while BTC is the first cryptocurrency, growing from zero to a market cap of over $2 trillion, it has now become an asset chosen by institutions and governments, with a single entity even holding over 2.5% of BTC.

In contrast, ETH, as a trusted neutral and internet-native value store, has built a development platform that includes applications such as stablecoins, decentralized finance, NFTs, prediction markets, and decentralized social networks. He believes these application scenarios will bring crypto technology to billions of people, making ETH as a value store even scarcer.

Finally, he stated: In the future, there will be many choices, but today there are only two viable options: BTC and ETH.