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Ledger Nano X - The secure hardware wallet
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Ether Emerges as the New ‘Internet Bond’ Amid Booming Interest in Crypto Assets

14 March 2024
in Blockchain
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Ether Emerges as the New ‘Internet Bond’ Amid Booming Interest in Crypto Assets
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So, with the dual tailwind of Bitcoin ETF flows and the upcoming halving, is Bitcoin the best bet? Not so fast. Ethereum, the next biggest crypto asset by market cap, has a case of its own to make. Whereas bitcoin is often described as a store of value, medium of exchange, or both – essentially cash for the internet – Ethereum is a platform for developers building over 4,500 applications in areas as diverse as art and collectibles (NFTs), stocks, bonds, and real estate (real-world assets or RWAs), fiat currencies (stablecoins) and internet-native organizations called DAOs, known collectively as Web3.

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