BitMEX founder Arthur Hayes has made a daring forecast about the future of Layer 1 (L1) blockchains. In a recent video interview, Hayes predicted that Aptos will outshine Solana to become the second-largest L1 blockchain within the next one to three years. He plans to unveil more details about this prediction in September of this year.
During the interview, Hayes expressed his belief that Aptos has the potential to overthrow Solana and establish itself as a key player in the L1 space. This observation sheds light on the competitive landscape of the blockchain industry, where platforms are competing for dominance based on factors such as scalability, transaction speed, and developer adoption.
In addition to his optimistic outlook on Aptos, Hayes also raised concerns about a potential threat to the cryptocurrency market in the coming years. He cautioned that a major crypto custodian could fall victim to hacking, leading to a loss of $50 billion to $100 billion in cryptocurrencies. Hayes warned that such an event could mark the end of the current market cycle, with far-reaching consequences for the industry.
Please note that the information provided is not investment advice. For those interested in investing in over 300 cryptocurrencies, Binance exchange offers a 20% COMMISSION DISCOUNT through this link. Stay updated with exclusive news, analytics, and on-chain data by following our Telegram and Twitter accounts.
