How to Retire on Ethereum by 2030

Today, we want to give you our bull case for Ethereum over all DApp platforms, deep-dive why ETH crypto is best hodl for 2024 bull market.

Today, we want to give you our bull case for Ethereum

eth-ethereumn icon eth-ethereumn icon Price Trading volume in 24h Last 7d price movement over all DApp platforms.

Ethereum promises decentralized applications on distributed blockchain code that enable you to do more than buy and sell digital money. It will also foster an ecosystem for decentralized finance, NFTs, and the metaverse.

Ok, that’s it for the nerdy stuff.

Now let’s get into why Ethereum will remain king of the Layer 1 crypto market.

To End All Discussions of ____ is Better than Ethereum

Firstly, just to clarify, Ethereum is the number one blockchain by developer mindshare alone.

Why is this important? The more eyes are on a particular thing, the better that thing can be critiqued and improved upon rapidly.

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There’s also ETH’s Proof of Stake (POS). A major reason Boomers aren’t pro-crypto is that they are worried about a total loss of funds and that crypto is worthless as an “investment” (i.e., a promise of returns).

When the Ethereum exchange-traded funds, which were approved earlier this year, begin to gain transactional value, a big selling point will be locking up funds on Ethereum to receive 6% interest.

Oh God, I just had the weirdest air bubble in my drink. I’m sorry, what were we talking about? Oh, right, Ethereum.

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(ETHETFs)

Ethereum will also scale without sacrificing decentralization. It’s too technical to explain — read this to understand more— but here is a little argument to explain why.

With Ethereum reigning supreme in developer interest, its tech edge is undeniable. Yes, developers could move to other platforms. Still, given that they are already on Ethereum and that the network effects are strong, it is much more likely that developers will continue to build on Ethereum unless it’s completely broken…

The Bear Case For ETH and Final Thoughts

There’s a lot. As former Facebook and YouTube Techlead once said “Ethereum is a lot like a woman. Too complicated for anyone to understand it, yet everyone still wants it.”

Two years ago one of Ethereum’s top developers said Ethereum was “too complex.”

Péter Szilágyi, a lead developer for Ethereum added, “I can’t say what the solution is, but my 2c is to stop adding features and start culling, even at the expense of breaking things. There are less and less people knowing and willing to piece together a broken network.”

That said, this is only one developer’s opinion. But it’s important to understand that risk nonetheless.

To make a long story short, ETH has become a slow-moving giant, opening the door for other L1s to grow, like Sui, Solana, and Aptos.

Yet the “ETH-killer” label has faded as Ethereum cements its position with the most decentralized L1 and a solid 6% stake for conservative newbie investors. Despite not matching the explosive growth of newer L1s this cycle, ETH and Bitcoin stand as the two most consistent cryptocurrencies with a secure future.

Come 2030, ETH will still  be here. The question will be how much you will kick yourself looking at today’s prices.

EXPLORE: Ethereum News: Crypto Market Maker Dumping, Will ETH Crash Below $2,000?

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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