“Activity on the Ethereum network could increase significantly if the current cryptocurrency rally turns into a sustained bull market. Jasper de Maier of Outlier Ventures told The Block. The analyst noted that the drivers will primarily be speculation and the growth of involvement in dapps. “In the latter, activity will be supported by airdrops, as many companies will conduct TGE and launch the mainnet,” said de Maier. According to the specialist, there is significant pent-up demand from projects that have […]”, — write: businessua.com.ua
Activity on the Ethereum network could increase significantly if the current cryptocurrency rally turns into a sustained bull market. Outlier’s Jasper de Maier told The Block Ventures.
The analyst noted that the drivers will primarily be speculation and increased involvement in dapps.
“In the latter, activity will be supported by airdrops, as many companies will conduct TGE and the mainnet will be launched,” said de Maier.
According to the expert, there is significant pent-up demand from projects that intend to launch on Ethereum. This speaks to the potential of a wave of new offerings in various cryptocurrency sectors.
The expert also noted the high probability of the return of “smart money” to the DeFi sector.
According to de Maier, against this background, the pace of RWA product adoption may slow down, as “most tokenizations have taken place in assets like US Treasury bills.”
Earlier, CryptoQuant called the conditions for “parabolic growth” in the price of the second largest cryptocurrency.
Derive founder Nick Forster doubted the return of Ethereum to ATH until the end of the year.
We will remind, the ex-CEO of BitMEX Arthur Hayes noted the potential for the fall of stocks and other risky assets after the meeting Fed September 18.
The expert expressed confidence in the rapid start of the bullish cycle of the second-largest cryptocurrency by market capitalization, as soon as the difference in yields between US Treasuries and ether disappears as the Fed’s policy eases further.
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