Nick Tomaino, the founder of 1Confirmation, a prominent cryptocurrency venture capital firm, has voiced strong support for Ethereum (ETH). In a recent statement on X, Tomaino asserted, "We fully support ETH because the industry cannot thrive without Ethereum (ETH)." He emphasized the crucial role of Ethereum's underlying value, stating that its broad dissemination is essential for the industry's sustained growth and innovation. Tomaino's endorsement highlights Ethereum's importance not just as a cryptocurrency, but as a fundamental infrastructure layer for decentralized applications (dApps), NFTs, and DeFi protocols. His statement reinforces the idea that Ethereum's continued success is intrinsically linked to the overall prosperity of the cryptocurrency ecosystem. ```

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