Alliance DAO founder: I've sold all my ETH holdings accumulated over 10 years, as its growth potential is nearly exhausted
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Alliance DAO founder: I've sold all my ETH holdings accumulated over 10 years, as its growth potential is nearly exhausted
You can imagine holding an asset for 10 years, then suddenly thinking, "Its growth potential is pretty much exhausted."
Navigating Web3 tides with focused insightsTechFlow, Alliance DAO founder Imran Khan and Qiao Wang shared their views on the podcast titled "On Consumer Crypto."
Imran believes that "supporters of Base in the current market have already shifted to Solana." In response, Qiao said, "It's easier to attract users on Solana. For developers familiar with EVM, switching to Solana isn't easy—they need to learn an entirely new set of tools—but they still find it worthwhile because Solana offers a better user base and ecosystem support."
Additionally, Qiao added, "I've actually held Ethereum since the genesis block. But I sold it last year after holding for a full 10 years. You can imagine how it feels—holding an asset for a decade, then suddenly thinking, 'Its growth potential is pretty much exhausted.' Truly exhausted. The chance of Ethereum's Layer 2 (second-layer scaling solutions) or any other emerging Layer 1 (first-layer blockchain) surpassing Solana is less than 50%, perhaps only 10% to 20%."
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