The Experts Are Confident of Ethereum’s Value16.07.18 11:29
Despite the high risks associated with crypto investing, the professionals are sure that Ethereum is a worthy investment. The top-notch executives and venture capitalists don’t hesitate to pick Ethereum among all the other cryptocurrencies according to the research conducted by Foley & Lardner.
Analyzing the Research
A major international law firm Foley & Lardner interviewed an extensive number of business leaders about the trends associated with the various cryptocurrencies. One of the questions focused on the leaders’ view of investment opportunities, connected to the various digital coins. In the end, Ethereum appeared to be the most convenient choice (38%), beating up Bitcoin (35%), Ripple (5%), and Dash (2%). Considering the win of Ethereum by quite a margin, it’s possible to conclude that the currency continues to dominate the world of virtual investments. Such results only reinforce the claim that Ethereum is gaining popularity across all the virtual currencies, factually speaking.
The Technical Features of Ethereum
It’s worth noting that Ethereum became a backbone technology for the decentralized applications with the majority of the companies using the currency’s blockchain for its newest developments. At the same time, Ethereum appears to be quite stable and less volatile than its counterparts, which attracts investors and businesses to the digital coin. Besides, the simple fact that the data is safely stored and transmitted through the Ethereum’s contributes to the fact that big businesses value the digital coin. In the end, it becomes very convenient to invest or build a platform under Ethereum due to its technical features as well as specifications that allow for easy and scalable solutions.
As can be seen, by the research of Foley & Lardner, Ethereum doesn’t stop on its way to achieving new highs in the world of crypto. Still, it’s vital to realize all the details connected to the coin before making the final decision.