SOL - Is Ethereum Still a Millionaire-Maker Crypto?
2024-05-13 06:30:00 ET
Since its launch in July 2015, Ethereum (CRYPTO: ETH) has skyrocketed in price from just $0.31 to $3,000 today. That's a nearly 10,000-fold return on your investment! If you had invested just a few hundred dollars in Ethereum a decade ago, you'd likely be a millionaire today.
But does Ethereum still have the power to make you a millionaire? While it's hard to argue with Ethereum's historical track record, things get a bit dicier when you consider its future prospects.
When Ethereum launched back in 2015, it stood alone as the only smart contract blockchain platform . And, as such, it had an incredible first-mover advantage. Arguably, it was not until 2020, when blockchain upstart Solana (CRYPTO: SOL) appeared, that Ethereum saw its first legitimate rival.
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Is Ethereum Still a Millionaire-Maker Crypto?