1confirmation founder: ETH is the currency used to drive all new use cases for internet development

ChainCatcher news, 1confirmation founder Nick Tomaino posted on the X platform that ETH is the currency used for all new use cases driving the development of the internet, from decentralized finance to NFTs, to prediction markets, stablecoins, as well as gaming and DAOs, and more.

ETH has a yield of about 2.5%, is deflationary, and benefits from the growth of the most robust blockchain scaling strategies (L2 and L3), which is why ETH is hated by extreme BTC users, as they feel threatened.