Goldman Sachs: Ether Is Better Positioned Than Bitcoin to Become the Dominant Digital Store of Value

In a new report, Goldman Sachs analysts Mikhail Sprogis and Jeff Currie argue that ether is better positioned than bitcoin to become the dominant digital store of value. They point to the fact that ether has real-world uses, such as being used to power decentralized finance (DeFi) applications and non-fungible tokens (NFTs). Additionally, the Ethereum network is more scalable than the Bitcoin network, which could make it more attractive to users.

The report also discusses the pros and cons of both ether and bitcoin. For example, ether is more scalable than bitcoin, but bitcoin is more secure. Ultimately, the report concludes that it is too early to say which cryptocurrency will be the dominant store of value in the future.

Read the full report here.