Thread by @christine_dkim

This week in #ValidPoints, I write my swan song as lead author of the newsletter. The column is about Ethereum's coming of age and competition. 🧵

coindesk.com/valid-points-e…

In many respects, market infrastructure for and regulatory awareness about bitcoin has paved the way for cryptocurrencies like ether to follow.

coindesk.com/jay-clayton-co…

These trends are changing, and evidence is mounting to suggest that #Ethereum has finally caught up to #Bitcoin across a number of key metrics, even as other smart contract blockchains such as #Cardano and #Solana shows promising signs of real adoption and value.

From on-chain metrics to market metrics, there are telltale signs of a shift in market sentiment placing Ethereum in the same rankings as, if not more bullish rankings than, Bitcoin.

Institutions that got involved in crypto b/c of their interest in BTC are getting serious about ETH too & more importantly, they are beginning to value ether as a unique investment separate from bitcoin.

Check out this podcast with @alexandersblum:
coindesk.com/podcasts/mappi…

@alexandersblum Also this @CoinDeskData report breaking down the value propositions of #BTC versus #ETH:
coindesk.com/research/repor…

@alexandersblum @CoinDeskData At the same time, the increasing awareness of ether’s use case and design also raises the profiles of competing assets and propels investment in their continued development.

coindesk.com/cardano-polkad…

@alexandersblum @CoinDeskData This in turn fuels innovation through market competition in smart contract blockchain technology, which presents opportunities for alternative networks to Ethereum to shine and steal market share even as Ethereum continues to evolve.

@alexandersblum @CoinDeskData In an industry like crypto where little is established and much is fueled by speculation, the rise of Ethereum over the past six years stands as an example for how quickly user adoption and institutional interest can catch fire, challenging the status quo. 🦢

@alexandersblum @CoinDeskData Next week's #ValidPoints will be written by @CoinDesk Research Analyst @TedDeFi who for the past few months has been writing the newsletter's #ValidatedTakes.

@alexandersblum @CoinDeskData @CoinDesk @TedDeFi I want to sincerely thank all the readers of Valid Points who have supported me and my writing since December 2020. 🥲

It’s about time a new voice leads the conversation on Ethereum news. 🦾🌟