Odaily Planet Daily reported that Nick Tomaino, founder of 1confirmation, explained the reasons why ETH will surpass BTC. He pointed out that while BTC has achieved a market value of $2 trillion with the concept of 'trustless value storage', it has now evolved into an asset favored by institutions and governments, characterized by high concentration and a lack of practical applications to support it. One entity holds over 2.5% of BTC, and its ecosystem lacks practical applications that can attract new users. In contrast, ETH is a trusted, neutral, internet-native value storage that, as the underlying asset of a developer platform, supports key sectors such as stablecoins, DeFi, NFTs, prediction markets, decentralized social networks, and identity. Almost all new use cases that have driven industry growth over the past decade have originated from Ethereum and continue to grow. These applications not only expand the crypto user base but also enhance its scarcity through ETH as a settlement and collateral asset. Nick stated that extremists who advocate for only one trusted, neutral value storage are mistaken, and although more options may emerge in the future, currently there are only two truly viable solutions: BTC and ETH.

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