Bitwise CEO Hunter Horsley contends that Ethereum’s primary competitive landscape lies against established Web 2.0 platforms rather than Bitcoin, positioning the network in opposition to centralized digital services.
Horsley further predicts fundamental changes in crypto asset evaluation methodology, anticipating the ecosystem will advance beyond the current simplistic analysis period—referred to as the ‘CoinMarketCap era’—within the next year.
The CoinMarketCap era is characterized by reductive valuation approaches focused predominantly on market capitalization rankings. This transition signals a maturation phase emphasizing deeper technological and utility-based assessments across digital assets.