1confirmation founder: The scarcity of ETH will be enhanced by the continuous enrichment of its ecosystem

ChainCatcher news, according to a post by Nick Tomaino, founder of 1confirmation, on the X platform, Ethereum is the dominant platform for applications such as stablecoins, DeFi, NFTs, prediction markets, decentralized identity, and decentralized social. Many developers and companies, including Coinbase, Blackrock, Fidelity, Stripe, Kraken, Deutsche Bank, Sony, Visa, Polymarket, Uniswap, Aave, and Opensea, are thriving in the Ethereum ecosystem. ETH is a trusted neutral store of value, and as the applications in the ecosystem become increasingly diverse, its scarcity also increases. It is also a capital-generating asset, and its protocol is continuously evolving.