Will Ethereum Continue to Rally? This Bitcoin OG Is Bullish on ETH
Jeff Garzik, an early Bitcoin developer, expresses a long-term bullish outlook on Ethereum, emphasizing its robust technology and the widespread use of the Ethereum Virtual Machine (EVM). Despite concerns about Ethereum ‘killers’ like Solana, Garzik believes that Ethereum will remain a major player in the Web3 space due to its established technology. Recently, Ethereum's price surged past $3,800, marking a significant recovery after a slump earlier in the year. Institutional investments, including notable inflows into Ethereum ETFs, demonstrate growing interest and confidence in ETH. Garzik acknowledges the existence of newer blockchain technologies but argues that they lack the time and stability that Ethereum possesses. He concludes that Ethereum's foundational role in the crypto ecosystem ensures its continued relevance and potential for long-term success. Garzik avoids making specific price predictions but asserts that Ethereum and Bitcoin are likely to be central players in the next decade and beyond.
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