🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Fidelity releases an Ethereum report, following Ethereum's long-term potential in the digital asset market.
BlockBeats news, on August 26, Fidelity recently released a digital asset report focused on Ethereum, highlighting its long-term potential in the digital asset market. The report points out that the investment thesis for Ethereum is as a technology platform, using its native token Ether as a means of payment. The report also provides an overview of the fundamental differences between Ethereum and Bitcoin as well as other assets. Regarding the long-term potential of Ethereum, the report presents three scenario assumptions based on different expected benchmarks. In the bull run scenario, the Ethereum smart contracts platform fully reshapes social cooperation and trust mechanisms, becoming a core infrastructure for global coordination. In the benchmark scenario, the smart contract platform only brings improvements in certain financial and non-financial sectors, acting as a balancing protocol to the traditional system (led by governments and large corporations). Many users and enterprises do benefit from the decentralized contract network, but due to its inherent financial attributes, the adoption speed is lower than the typical adoption curve. Ethereum remains the dominant platform, capable of providing reasonable value capture for investors; however, professional competitors will limit its market share to use cases with the highest security and trust requirements. In the Bear Market scenario, the smart contract platform falls into cyclical speculation but fails to deliver products that the public truly needs.