The Ethereum blockchain and its ERC20 standard have become the most popular underlying technology for numerous tokenized projects, reaching a market cap of over $30 billion. While bitcoin remains the most capitalized cryptocurrency, Ethereum is the top choice in terms of functionality and applicability. However, the infrastructure for the latter is actually lagging behind.
The Autonomous NEXT report states:
"Early phase of cryptocurrency market development focused on who will be the “digital gold” – and Bitcoin won through the largest developer and adoption ecosystem. However, current battle is for other functionalities, such as global decentralized computing or smart contracts infrastructure."
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https://coinidol.com/healthy-environment-for-ethereum-trading-underway/
