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▲ Ethereum (ETH)/ChatGPT Generated Image ©
Tension is rising in the market amidst predictions that Ethereum could fall out of the top 3 in the future.
According to cryptocurrency media outlet Watcher.Guru on April 24 (local time), Arthur Hayes raised the possibility that Ethereum (ETH) could exit the top 3 by market capitalization by 2030. Currently, Ethereum's market capitalization is approximately $277.96 billion, maintaining its second-place position.
Hayes pointed to artificial intelligence (AI)-based assets as potential replacements for Ethereum. He specifically predicted that AI tokens driving an 'agentic economy' would emerge as the market's center in the future. This analysis suggests that the rapid growth of the AI industry in recent years and the expanding influence of AI-related companies in the S&P 500 could be replicated in the cryptocurrency market.
However, counterarguments also suggest that Ethereum will not be easily displaced. First, Ethereum developers are working on 'post-quantum security' technology to counter the threat of quantum computers. This is considered a significant variable in future security competition.
Furthermore, Ethereum remains the most widely used blockchain in the cryptocurrency market. With various applications and projects being built on the Ethereum network, it is analyzed that its market dominance will not easily weaken as long as the developer ecosystem is maintained.
Additionally, the influx of funds into Ethereum spot ETFs and active development activities are cited as factors supporting its price and market capitalization. The outlet reported that even if AI-based assets rise, Ethereum is highly likely to remain at the top tier within the non-AI asset class.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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