- BitMEX co-founder predicts Aptos will overtake Solana as the highest blockchain.
- Competitors between Layer 1 blockchains (Aptos, Solana, Sui, and so forth.) is intensifying.
- Strategic timing is vital to maximizing earnings throughout “banana zone” market cycles.
BitMEX co-founder Arthur Hayes predicts large adjustments are coming to the world of layer-1 blockchain, predicting that Aptos (APT) will overtake Solana (SOL) to change into the second-largest platform within the close to future. This daring declare comes on the heels of Aptos' current milestone of considerably outperforming Solana in month-to-month buying and selling.
It’s value noting that in Might, Aptos surpassed Solana when it comes to transaction quantity, setting a brand new milestone in blockchain. Notably, Aptos surpassed Solana by 57 million transactions.
In a video interview, Hayes predicted it should take Aptos between one and three years to overhaul Solana and promised to supply extra data in September.I'm not going to say something greater than that.“
Hayes additionally predicts a Dogecoin (DOGE) exchange-traded fund (ETF) will emerge by the tip of the present cycle, citing its longevity, giant market cap, and availability on Robinhood within the U.S.
Lastly, Hayes additionally shared his ideas on why this cycle will finish, predicting that the most important danger to this cycle over the subsequent two to a few years is {that a} main cryptocurrency custodian is hacked, ensuing within the lack of $50 billion to $100 billion value of cryptocurrency, which might deliver the cycle to an finish.
RealVision co-founder and CEO Raul Pal additionally appeared on the podcast and revealed that 90% of his crypto holdings are in Solana, including that he’s watching a BTC x ETH cross, which if it rises will mark the beginning of a “actual altcoin season.”
Each Hayes and Pal agree that the “layer one sport” will likely be an space of important innovation and potential earnings within the upcoming “banana zone” (interval of excessive market exercise). Additionally they point out different potential rivals corresponding to Sui, Celestia and Monad.
Pal additionally emphasised the significance of market timing, particularly within the “banana zone” the place alternatives for large positive factors come up, suggesting that lots of this cycle’s most promising tokens have already began to get better from their lows.
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