Arthur Hayes Dismisses Monad, Backs Ethereum and Solana Dominance

BitMEX co-founder Arthur Hayes expects most layer-1 blockchain networks to fade, arguing that only Ethereum and Solana have the institutional use cases needed to survive long term. In a November 28 appearance on the Altcoin Daily podcast, Hayes said the growing list of alternative base-layer blockchains has not changed his view. He still expects the market to consolidate around a small group of dominant networks. Why Hayes Thinks Ethereum and Solana Will Endure Hayes argued that Ethereum’s role in institutional adoption is central to its durability source: https://beincrypto.com/arthur-hayes-monad-prediction/