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Ethereum Will Outperform Solana This Bull Market: Arthur Hayes

  • Arthur Hayes believes that Ethereum will outperform Solana in the current bull market due to Ethereum's strong fundamentals and industry dominance despite facing criticism.
  • Hayes mentioned that Ethereum has the most Total Value Locked (TVL), developers, and is the most secure proof of stake blockchain, which contributes to its performance potential.
  • While Solana saw significant growth during the meme coin frenzy, Ethereum remains the industry standard for DeFi, dApps, stablecoins, and real-world asset tokenization, holding a dominant market share in each category.
  • Hayes also shared his predictions for Bitcoin, expecting BTC dominance to rise with a potential price target of $250,000 by the end of the year and further growth fueled by pressures on the US dollar.

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