There are currently only two true settlement layers in the cryptocurrency world:
Bitcoin and Ethereum!
A strong settlement layer needs to meet five criteria:
① Culture of users running nodes
② Wide distribution of tokens
③ Trusted neutrality and security
④ Lindy effect flywheel
⑤ Liquidity and popularity
These criteria are indispensable, and truly valuable things will become more valuable in the future, this is the Lindy effect!
Currently, I can see that only Bitcoin and Ethereum meet the Lindy effect. So if there is no alt season, ETH will never rise, on the contrary, Ethereum will definitely make the alts have liquidity, otherwise the dog dealer will use these two targets to completely fomo this market? Obviously not enough
