Subscribe to our Telegram channel

Cryptocurrency experts name the best blockchain — it’s not Bitcoin

2:23 pm, April 11, 2023

Fortune magazine has published the Crypto 40 list of projects and companies that are most important for the crypto sphere. The best blockchain, according to Fortune analysts, is Ethereum, not Bitcoin.

Fortune is known for its lists, such as the Fortune 500, which highlight the largest US companies by revenue. The «Crypto 40» rating consists of eight categories, with five places in each:

  • Centralized Funding (CeFi) — Coinbase
  • Traditional financing (TradFi) — PayPal
  • Venture capital (VC) — Polychain Capital
  • Non-fungible tokens (NFT) — OpenSea
  • Data — Chainalysis
  • Infrastructure —Ledger
  • Decentralized finance (DeFi) — Uniswap
  • Protocol — Ethereum Foundation

Among the protocols, Ethereum was the leader, Bitcoin was in second place, and Polygon was in third. In the DeFi category, the top 5 best projects are based on Ethereum, which turned out to be the undisputed leader of the entire rating.

In addition to developers and industry experts, many investors are also betting on the promising future of Ethereum. Thus, venture capitalist and partner at Placeholder Chris Burniske is convinced that the cryptocurrency market will continue to grow in the near future, and the ETH rate will reach $ 10,000. «Earlier, skeptics did not believe in ETH at $ 1, then $ 10, $ 100, and $ 1,000, but we have seen these peaks. Now they refuse to believe in ETH at $ 10,000. Well, we’ll see you there ,» the analyst emphasized.

Over the past day, the value of ETH $3,347.50 Bridged Ether (StarkGate) -5.53% Market capitalization $0.3 billion VOL. 24 hours $1.48 billion has increased by 3.5%, reaching $ 1924. Last year, the token exceeded $ 1900 on August 16, when the Fed was raising the federal funds rate at a record pace to fight inflation. Users are waiting for the Shapella update, also known as Shanghai-Capella, scheduled for April 12. The main updates will include the ability to withdraw funds from staking and optimization of commission costs (gas).

Subscribe to our Telegram channel

BTC

$96,703.64

-1.94%

ETH

$3,347.50

-5.53%

BNB

$660.51

-4.43%

XRP

$2.23

-5.66%

SOL

$183.18

-8.15%

All courses
Subscribe to our
Telegram channel!
The latest news and reviews of the cryptocurrency markets of the last
day right in your messenger. We are waiting for you!
GO TO
Show more