Ethereum and Solana Defy 'Dead' Label from Crypto Skeptics

Crypto industry veterans Avichal Garg and Scott Melker pushed back against the argument that 'everything except Bitcoin is dead.'

Garg, co-founder of Electric Capital, sees Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) as assets with compelling long-term cases.

He believes ETH combines store-of-value characteristics like liquidity, divisibility, seizure resistance, and global transferability with programmability, which could become a major settlement layer for the global financial system.

Solana, on the other hand, positions itself as a consumer-focused blockchain due to its high throughput, cheap transactions, stablecoin integrations, and strong developer ecosystem.