Ethereum is the second largest digital currency in the world by market cap. The blockchain project has been in the limelight a lot because of the unique platform it has to offer. It has offered developers a better and easy-to-use platform to enable them to create smart contracts and decentralized applications (Dapps).
As a result of this, a lot of operators and executives of top digital currency firms – valued at billions of dollars – have been more positive towards Ethereum (ETH) than Bitcoin (BTC) – the most valuable digital currency in the world by market cap.
Over the past year, Coinbase (the $8 billion digital currency trading platform which is also the largest digital currency exchange in the world) and Circle (the $3 billion digital currency payments and trading platform) have continually shown their enthusiasm regarding Ethereum’s growth and its proactive ecosystem in which thousands of developers across the globe are building Dapps to increase blockchain adoption.
The CEOs of Coinbase and Circle Love Ethereum (ETH)
Earlier this week, Jeremy Allaire – the CEO and co-founder of Circle, said that Ethereum (ETH) could be the driving force for the next digital currency rally, due to the massive amount of developer activity on the blockchain of Ethereum.
According to statistics, Ethereum presently has over 300,000 developers on its network and the platform has been increasing by over 50,000 new developers every month since May. The CEO also said that Ethereum has a platform for several types of blockchains, and decentralized application is vital for the long-term growth of digital currencies.
The CEO of Coinbase – Brian Armstrong, has also been optimistic towards the digital currency since late last year, when it personally said that he owns more ETH (the native digital currency of Ethereum) tokens than Bitcoin (BTC).
Ethereum (ETH) has been doing well over the past weeks, and the digital currency may continue to surge higher with more developments and positive news around it.