Opinion
Krug: Ethereum could dominate the global financial industry
In an interview, Joey Krug, co-CEO of investments at hedge fund Pantera Capital, predicts that Ethereum will become a dominant component of the financial industry over the next decade.
Thus, he assures that the cryptocurrency could represent 50% of world financial transactions.
Krug: no significant challenges to ETH supremacy
The CEO of Pantera Capital believes that alternative networks such as Polkadot, Solana and Cardano will not pose a significant challenge to ETH’s supremacy.
With many new financial applications for managing and growing wealth, ETH has become a spearhead of financial investing.
As users have been added to the network, it has sometimes experienced high gas rates and slow transactions.
Although Polygon Network solutions have proven beneficial, they are not yet used enough to achieve the kind of world dominance.