It appears Morgan Stanley might has some speculative curiousity on the peddled Ethereum killers hehehe. I also had similar speculations before, however, they were all wrong. Ethereum might remain to be the king of dapps and smart contracts for longer than expected. All the best developers and the best projects are created in Ethereum. Also, all the biggest whales in the cryptospace hold ETH and have high certainty on their investment. It is also the whales who make the markets.
An analyst from banking titan Morgan Stanley says that main altcoin Ethereum (ETH) might see its market share dwindle as buyers flip to cheaper and quicker opponents.
In a brand new report, funding strategist Denny Galindo particulars the bear case for the highest good contract platform, saying that it might face future rules, stiff competitors from the likes of its challengers, as well as to scalability points.
Prominent Ethereum alternate options embody Avalanche (AVAX), Solana (SOL), Cardano (ADA), Terra (LUNA), Polkadot (DOT), and Algorand (ALGO).
Galindo provides that the second largest crypto asset by market cap could have scalability points due to on-chain congestion and its excessive transaction charges. He says that ETH might ultimately outpace its personal assets if it doesn’t improve.
Read in full https://zellanews.com/morgan-stanley-issues-ethereum-warning-says-eth-may-lose-market-share-to-faster-or-cheaper-challengers-zellanews/
Topic: Morgan Stanley Issues Ethereum Warning, Says ETH May Lose Market Share to Faster (Read 45 times)
February 21, 2022, 09:42:59 PM
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