Will Ethereum peak within two years?
Will Ethereum peak within two years? Will Ethereum peak within two years?

Cardano founder (and Ethereum co-founder) Charles Hoskinson predicts that Ethereum will continue to grow in the near term until it reaches a peak, which is expected to happen within two years.

According to Hoskinson, Ethereum’s peak will be late next year or early 2023.

Cardano creator capitalizes on interest in Ethereum

The Ethereum network update we mentioned in the article: London update assumptions on Ethereum will come into effect at block height 12,965,000 has contributed to increased interest in the second largest cryptocurrency. Additionally, the burning of large amounts of ETH, which has been occurring every day since the update was implemented, may over time lead to the number of ETH burned surpassing the number of ETH mined (those interested in how the burning process works are referred to the article Where to check the amount of ETH burned?).

Interview with Charles Hoskinson for Bloomberg

Charles Hoskinson, who not only contributed to the creation of Ethereum (ETH), but also created the Cardano (ADA) cryptocurrency, which is often referred to as the “Ethereum killer” (see also: Cardano – cryptocurrency description), gave an interview to Bloomberg yesterday. With the current market situation, Ethereum-related topics could not be absent. When asked:

What do you currently think about Ethereum?

Cardano’s founder praised how the network is currently functioning and Vitalik Buterin, who remains the leader of the project so far. He went on to say that if he had to guess, at the current pace Ethereum will peak before the end of 2022 or early 2023.

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Cardano is not lagging behind

The successful implementation of the recent Ethereum network patch is an event that has had a big impact on the cryptocurrency industry. However, it must be admitted that Cardano can also boast of numerous successes. Some time ago, we already described Cardano in the TOP 3 cryptocurrencies with the largest capitalization (currently, the cryptocurrency has fallen to the fifth place, but it is still a great result). In addition, the Cardano network will be used in a project for the government of Ethiopia and neighboring countries, which will gain millions of new users…of the kikes.