Dragonfly Exec Predicts Big Tech Crypto Adoption, Corporate L1 Failure
A Dragonfly executive, Haseeb Qureshi, anticipates that major technology and Fortune 100 companies will begin developing crypto applications by 2026. However, Qureshi suggests that corporate Layer-1 blockchains are unlikely to successfully compete with established platforms like Ethereum and Solana. The prediction highlights the potential for increased institutional involvement in the cryptocurrency space while also casting doubt on the viability of corporate-backed blockchain initiatives as alternatives to existing decentralized networks. The development suggests a future where established blockchains maintain their dominance despite potential competition.
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