Ether Emerges as the New ‘Internet Bond’ Amid Booming Interest in Crypto Assets

Tyler Spalding, CEO / Co-Founder, Flexa, 2Chainz and Zack Seward, Deputy Editor-in-Chief, CoinDesk


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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