1confirmation Founder: ETH can still increase by 333 times

Nick Tomaino, the founder of 1confirmation, posted on the X platform stating that the investment value of ETH lies in its nature as a trustworthy and neutral store of value, representing the only opportunity on this planet that could potentially reach a scale of over $100 trillion. Currently, the market size of Ethereum is only about $300 billion, which theoretically means there is still a 333-fold increase potential.

In the current market, only ETH and BTC are competing for the positioning of "trustworthy and neutral store of value," while all other tokens are essentially "company coins"—prices are driven up by insiders, tied to specific jurisdictions, and heavily reliant on business development (BD) and top-down marketing. Ethereum is also the ecosystem with the strongest social scalability in the crypto space. Serious developers do not want to build applications on your L1; what they seek is greater control and better economic benefits.

Robinhood Chain, as an L2, proves this point—it expands the network effects of EVM on one hand while also promoting the distribution of ETH on the other. Nowadays, many early participants of ETH have also started using Robinhood Chain, further reinforcing the overall network effect.