BitMEX founder Arthur Hayes believes that other smart-contract platforms will find it challenging to surpass Ethereum. He argues that Ethereum is currently leading in terms of innovative applications and the number of developers, and other chains usually copy innovations that start on Ethereum. While Hayes acknowledges the success of Solana, he believes it will be difficult for it to overtake Ethereum, considering Ethereum's market cap, the introduction of layer-2s, and improved transaction costs and speed. Ethereum's market cap is significantly higher than Solana's.



Other News from Today