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DominanceBTC59.48%+0.07%ETH6.80%-5.12%
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MainNewsDeFi vs. AI:...

DeFi vs. AI: Ethereum Co-Founder Predicts DeFi’s Triumph with Affordable L2s


Sep, 16, 2024
1 min read
by CoinEdition
DeFi vs. AI Ethereum Co-Founder Predicts DeFi's Triumph with Affordable L2s
  • Zeng Jiajun, a core contributor to Soul Wallet, said that the crypto market is in its early phase.
  • Vitalik Buterin believes that more money will pour into the crypto wallet with affordable L2 solutions.
  • Buterin said that cheap transaction fees are a necessity for crypto to mature.

Ethereum co-founder Vitalik Buterin sees the future for decentralized finance (DeFi) to remain strong should the transaction fees go down. Buterin believes that affordable Layer 2 (L2) solutions are the key to help widespread DeFi adoption, attracting more capital, and even drawing in traditional financial institutions.

This insight came as part of a larger conversation sparked by Zeng Jiajun, a core contributor to Soul Wallet. Jiajun pointed out that the crypto market is still in its early stages. He pointed out Bitcoin (BTC), the world’s largest digital asset by market capitalization, towering over the rest with a dominance of over 50%. Its $1 trillion valuation dwarfs the combined value of the entire altcoins, despite the sheer number of projects with immense potential.

The post DeFi vs. AI: Ethereum Co-Founder Predicts DeFi’s Triumph with Affordable L2s appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Don’t Ignore This XRP Signal: Strong XRP/ETH Ratio Defies Market Crash

Don’t Ignore This XRP Signal: Strong XRP/ETH Ratio Defies Market Crash

XRP faced intense selling pressure Monday, dropping over 14% along with the broader c...
Apr, 07, 2025
< 1 min read
by CoinEdition
Ethereum (ETH) Tanks to March 2023 Levels as ETH/BTC Ratio Plummets to 5-Year Low

Ethereum (ETH) Tanks to March 2023 Levels as ETH/BTC Ratio Plummets to 5-Year Low

The value of the leading altcoin, Ethereum, has plunged to its lowest point since Mar...
Apr, 07, 2025
by BeInCrypto
MainNewsDeFi vs. AI:...

DeFi vs. AI: Ethereum Co-Founder Predicts DeFi’s Triumph with Affordable L2s


Sep, 16, 2024
1 min read
by CoinEdition
DeFi vs. AI Ethereum Co-Founder Predicts DeFi's Triumph with Affordable L2s
  • Zeng Jiajun, a core contributor to Soul Wallet, said that the crypto market is in its early phase.
  • Vitalik Buterin believes that more money will pour into the crypto wallet with affordable L2 solutions.
  • Buterin said that cheap transaction fees are a necessity for crypto to mature.

Ethereum co-founder Vitalik Buterin sees the future for decentralized finance (DeFi) to remain strong should the transaction fees go down. Buterin believes that affordable Layer 2 (L2) solutions are the key to help widespread DeFi adoption, attracting more capital, and even drawing in traditional financial institutions.

This insight came as part of a larger conversation sparked by Zeng Jiajun, a core contributor to Soul Wallet. Jiajun pointed out that the crypto market is still in its early stages. He pointed out Bitcoin (BTC), the world’s largest digital asset by market capitalization, towering over the rest with a dominance of over 50%. Its $1 trillion valuation dwarfs the combined value of the entire altcoins, despite the sheer number of projects with immense potential.

The post DeFi vs. AI: Ethereum Co-Founder Predicts DeFi’s Triumph with Affordable L2s appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Don’t Ignore This XRP Signal: Strong XRP/ETH Ratio Defies Market Crash

Don’t Ignore This XRP Signal: Strong XRP/ETH Ratio Defies Market Crash

XRP faced intense selling pressure Monday, dropping over 14% along with the broader c...
Apr, 07, 2025
< 1 min read
by CoinEdition
Ethereum (ETH) Tanks to March 2023 Levels as ETH/BTC Ratio Plummets to 5-Year Low

Ethereum (ETH) Tanks to March 2023 Levels as ETH/BTC Ratio Plummets to 5-Year Low

The value of the leading altcoin, Ethereum, has plunged to its lowest point since Mar...
Apr, 07, 2025
by BeInCrypto