1confirmation Founder: ETH is More Scarce than BTC, On-Chain Usage Growth Will Increase Scarcity

According to a report by Jinse Finance, Nick Tomaino, founder of 1confirmation, stated on the X platform that Ethereum is already a blockchain used for stablecoins, real-world assets, NFTs, and startup token issuance, consistently emphasizing credible neutrality. ETH is a credible neutral store of value, more scarce than BTC, and as on-chain usage grows, its scarcity will also increase. Currently, the ETH yield is about 2%.