Summary
- Grayscale announced that it evaluates Ethereum (ETH) as a core foundational asset in the virtual asset market.
- They reported that Ethereum continues to lead the market in terms of applications, assets, and developer activity, and keeps generating substantial fees.
- Grayscale stated that if scaling succeeds, annual transaction revenue will also increase.
Global asset management firm Grayscale has evaluated Ethereum (ETH) as a core foundational asset in the virtual asset (cryptocurrency) market.
On the 14th (local time), Grayscale stated on X (formerly Twitter), "Ethereum continues to lead the market in terms of applications, assets, and developer activity, and it keeps generating substantial fees."
They further added, "If scaling succeeds, annual transaction revenue will also increase."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
