The interesting predictions in the crypto space continue, and the latest ones address some coins that are Ethereum competitors.
It’s been reported that Altcoin Daily host Aaron Arnold lists 4 ETH competitors that he expects to see a surge in 2021.
He said that as Ethereum (ETH) thrives, some of its rivals will attract interest.
“I believe in a world where Ethereum is so valued and my investor’s thesis for Ethereum is playing out. I believe that people are going to speculate and look to these Ethereum interoperators and competitors. Not all them, but the “blue chips,” the ones that have good metrics or good things going for them,” he said.
The host mentions the smart contract platform Solana (SOL). He addressed the Solana-powered version of the dollar-pegged stablecoin USDC as a sign of the platform’s early adoption.
“Solana continues to conquer the market. They are building like no other and that’s why they make the list today.”
He also mentioned Polkadot (DOT) as the second ETH competitor that he thinks will be going straight to the moon soon.
“So all eyes are on Ethereum right now. All eyes are even on Cardano right now. Hardly any eyes on Polkadot. And to me that screams opportunity.”
Cardano (ADA) is the third altcoin on Arnold’s list, and he believes that it will go to the moon as the platform’s smart contract launch approaches.
“Cardano is looking great, especially going into this next month, especially going into smart contracts. Cardano’s testnet is finally becoming smart-contract compatible and in about a month or two, definitely before the end of the year, they are going to go full smart-contract compatible. So I’m bullish on Cardano.”
He said that Elrond (EGLD) is the final ETH competitor.
Here’s what he has to say about the project: “Elrond, actually kind of similar to Chainlink (LINK), continues to integrate, continues to make partnerships. Elrond is building just as fast – and they’re ecosystem is expanding just as fast – as a [sic] Solana, as an [sic] Ethereum.”
Check out the video above in order to learn more details.