A Pesquisa Mensal de Gestores de Fundos de Ativos Digitais da CoinShares revelou que os investidores estão aumentando suas alocações de ativos digitais para Cardano, XRP e Polkadot às custas do Ethereum.
Os investidores citaram razões especulativas, bom valor e crescimento da Distributed Ledger Technology como as principais razões para adicionar os ativos digitais aos seus portfólios.
Há vários fatores que podem ser atribuídos ao aumento do interesse dos investidores em Cardano e XRP em comparação com o Ethereum, desde especulação e sentimento do investidor até atividades recentes de desenvolvedores nas respectivas blockchains.
A maior vantagem potencial para o preço mais alto de todos os tempos para Cardano e XRP em comparação com o Ethereum pode ser o incentivo para os especuladores canalizarem suas alocações de ativos para esses ativos digitais, embora a longo prazo.
Por design, o Ethereum foi construído como uma plataforma de código aberto que permitia a construção de outros aplicativos nele. A Ethereum teve uma vantagem pioneira sobre outras blockchains, pois foi pioneira em contratos inteligentes. Consequentemente, a plataforma Ethereum cresceu rapidamente ao longo dos anos com um aumento no número de transações. No entanto, o desafio de escalabilidade da plataforma resultou em tarifas de gás mais altas, principalmente durante os períodos de pico da rede. A falta de interoperabilidade entre plataformas blockchain foi outra deficiência para a rede Ethereum.
Solutions to the above challenges ultimately led to the concept of the so-called “Ethereum Killer” blockchains. The competitor blockchains were soon developed to overcome the challenges faced by the Ethereum platform. These blockchains included Cardano, and Polkadot to name a few. A number of developments have taken place on these blockchains.
The Alonzo Upgrade on the Cardano Network in September 2021 provided fully functional smart contract capability, allowing the minting of NFTs (Non-Fungible Tokens) and running of several Decentralized Applications (DApps). With faster speeds and lower transaction costs, these developments have made the Cardano ecosystem a direct competitor to the Ethereum Network. It is likely that the higher transaction expenditures and scalability challenges may have contributed to investor funds flowing into Cardano at the expense of Ethereum.
According to the Electric Capital Developer Report 2021, the Polkadot ecosystem was one of the largest and rapidly growing ecosystems, with more than 250 active monthly developers. The Polkadot ecosystem was reported to be growing faster than the Ethereum Network, at the same point in history. This could have influenced the flow of investor funds into the Polkadot ecosystem in comparison to the Ethereum Network.
Ripple has been involved in an ongoing legal battle with the US Securities and Exchange Commission (SEC) since late 2020 in which the SEC claimed that Ripple conducted illegal security offering through the sale of its XRP token. The initial court rulings appear to be going in Ripple’s tide towards winning the case against the SEC. Speculators are anticipating that a Ripple win against the SEC would result in an increase in the price of XRP. Thus, bolstering investor confidence in XRP.
Should we expect to see further fund outflows from Ethereum into Cardano, Polkadot, and XRP? Well, the race to become the preferred blockchain is only heating up. Developer activity is only expected to intensify across blockchains to make them more efficient and secure.
In May 2022, the average Ethereum transfer gas fees fell to a ten-month low of below $3 per transaction. Though this was welcome news for Ethereum Network users, it remains uncertain as to how long this gas fee level will be sustained. Some crypto experts have attributed the drop in gas fees simply to the recent general slump in the crypto market resulting in a reduced number of transactions on the Ethereum network.
Vitalik Buterin, cofundador da Ethereum, revelou que a tão esperada Ethereum Merge Upgrade está marcada para agosto de 2022. A atualização marcaria a mudança do Ethereum de Proof of Work para um mecanismo de consenso de Proof of Stake. O Ethereum Merge Upgrade pode muito bem ser a faísca necessária exigida pela Ethereum Network para estender sua vantagem de pioneirismo sobre as blockchains concorrentes.
