Kraken CEO: Bitcoin’s Dominance Unchallenged in Short Term; Ethereum Faces Rivalry from Solana and Polkadot

Kraken CEO: Bitcoin's Dominance Unchallenged in Short Term; Ethereum Faces Rivalry from Solana and Polkadot

According to BlockBeats, on November 11, Jesse Powell, CEO of cryptocurrency trading platform Kraken, said that Bitcoin’s title as the world’s most valuable digital asset will not be threatened in the short term and will remain the most valuable way to save. Earlier this year, he predicted strong growth in Bitcoin prices and outlined the growing popularity of cryptocurrencies and blockchain technology. In addition, Kraken CEO also said that Ethereum is the dominant player in the crypto market, but crypto assets are facing fierce competition from Solana and Polkadot.

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