BitMEX founder Arthur Hayes has made a bold prediction about the future of Layer 1 (L1) blockchains. In a recent video interview, Hayes announced that Aptos is poised to overtake Solana and become the second-largest L1 blockchain within the next one to three years. Hayes plans to unveil more details about his prediction in September.
During the interview, Hayes expressed his belief that Aptos has the potential to dethrone Solana and emerge as a dominant player in the L1 space. This prediction highlights the competitive landscape in the blockchain industry, where platforms compete based on scalability, transaction speed, and developer adoption.
In addition to his prediction about Aptos, Hayes also raised concerns about a potential security risk in the cryptocurrency market. He warned that a major crypto custodian could be hacked, resulting in losses of $50 billion to $100 billion in cryptocurrencies. Hayes cautioned that such an event could mark the end of the current market cycle and have far-reaching consequences for the industry.
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