1confirmation Founder: ETH is a value storage asset with greater scarcity and neutrality

According to TechFlow, on May 29, Nick Tomaino, founder of 1confirmation, stated that Ethereum is the world's leading blockchain platform used for issuing stablecoins, tokenizing physical assets, non-fungible tokens (NFTs), and startup tokens. Since the blockchain went live in 2015, Ethereum has consistently emphasized trust neutrality, which is why companies included in the S&P 500, such as Coinbase, Visa, and JPMorgan Chase, choose to build applications on it.

Tomaino also pointed out that $ETH is a trust-neutral store of value, with scarcity exceeding that of Bitcoin, and that its scarcity increases as on-chain usage grows.