- Ethereum is currently showing stronger performance than bitcoin with 5% daily gains and important FNB entries, although an expert warns against interpretation as a change in cryptographic dominance.
- Bitcoin Defi has substantial growth potential with its TVL at only 0.3% of market capitalization compared to 30% Ethereum, suggesting a place for major expansion thanks to innovations like BITVM.
- The co-founder of Bob, Dom Harz, underlines that the fundamental principle of Bitcoin to operate outside the centralized control remains unchanged despite an increasing institutional adoption.
The price of Ethereum (ETH) is better than most of its competitors, earning more than 5% on the daily graphic, while the largest crypto, Bitcoin (BTC), only won 2% at the same time.
Ether’s solid performance occurs while the funds (ETF) of the Ethereum US Ethereum (ETF) see net entries, compared to their Bitcoin counterparts, who have suffered net outputs for three days of A row.
Only this week, 365.5 million US dollars ($ 581.8 million in) left BTC funds, while only $ 9.9 million ($ 15.7 million in) left ETF Ether.
Last week, the difference in results was also striking, with US $ 203.8 million ($ 324.6 million in net entries for the BTC for the whole week, compared to ETH, which saw 420 , US $ 7 million ($ 670.2 million in) at net entries.
In relation: Loans guaranteed with crypto threatens the economic stability of Australia: ABC report
So, does that mean that investors go from Bitcoin to Ethereum?
Dom Harz, co-founder of Bob (Build on Bitcoin), said in a press release sent by e-mail, it would be imperfect to “confuse the entries of domination”, adding that “the request for cryptographic assets beyond the Bitcoin is nothing new “.
The accessibility of ETH, and potentially soil and XRP in the future, thanks to structured investment vehicles, allowed investors to pay more easily.
Dom Harz, co-founder of Bob Harz declared that the number two layout of Ethereum faces important threats from other crypto projects, while “uncertainty about the future direction of Ethereum has only intensified the debates on His position as a second crypto blockchain ”.
He added that what stimulates industry is Bitcoin innovation rather than the macroeconomic or political program.
Bitcoin Defi has enormous potential, explains the co-founder of Bob
According to Harz, there is a lot of room so that DEFI on Bitcoin increases, with a total locked value (TVL) on Ethereum to around 30% of its market capitalization, against 0.3% for BTC.
Bitcoin Defi, more and more activated by breakthroughs like Bitvm, unlocks completely new possibilities. Soon, investors will not have to look outside Bitcoin for alternative opportunities – they will be able to access a full suite of DEFI products within Bitcoin itself. This change is not theoretical; This happens right now.
Dom Harz, co-founder of Bob Harz believes that despite the increase in convergence with traditional institutions, the fundamental essence of cryptocurrencies, in particular bitcoin, is their conception to operate outside “centralized government control and macroeconomic influence”, A fundamental principle that is immutable and at the heart of the future of industry, he added.
In relation: The president of the Fed Powell supports the regulation of Stablescoin, undertakes to examine the trend of cryptography
It hasn’t changed, and it won’t do it. The future of industry will be unlocked from the inside.
Dom Harz, co-founder of Bob 
