In a current podcast, BitMEX cofounder Arthur Hayes predicts most L1s going to zero, aside from Ethereum and Solana.
In a current dialogue on “Altcoin Every day,” Hayes mentioned: “I feel just about each different L1 moreover Ethereum or Solana is a zero and so they’re not going to do very effectively.”
Hayes defends his declare, saying that as main banks transfer into crypto and Web3, he expects them to construct on Ethereum, which he sees as important infrastructure and the principle driver of ETH’s subsequent main rally.
Arthur Hayes: Aside from Ethereum and Solana, virtually all different L1s will go to zero
On November 29, on Altcoin Every day, Arthur Hayes mentioned that, apart from Ethereum and Solana, virtually all different L1s will go to zero. As main banks transfer into crypto and Web3, he expects them to construct… pic.twitter.com/p8ssUer1cu
— Wu Blockchain (@WuBlockchain) December 11, 2025
On Solana, he praised its meme-coin-driven energy and its place because the second largest L1 however argued it nonetheless wants a brand new development narrative and can wrestle to outperform Ethereum in value.
What of XRP?
Hayes didn’t contact on XRP in his current dialogue, given his not so beneficial stance towards the cryptocurrency. In reality, when he was requested to choose his “magnificent 5” for crypto, Hayes talked about Ethereum, Solana, Bitcoin, Zcash and Athena.
Hayes as soon as hinted that Zcash (ZEC) was a greater altcoin than XRP, saying that the previous may overtake XRP in market cap sooner or later.
This apart, the current declare of most L1s heading to zero by the BitMex cofounder prompts the query of the place XRP stands.
Is XRP secure?
Institutional adoption of blockchain-powered finance has grown because the earlier yr, with tokenized real-world belongings (RWAs), stablecoins and decentralized liquidity markets appearing as key drivers of development.
On this mild, XRP Ledger (XRPL) is constructing on its core strengths to create a complicated institutional DeFi ecosystem. A number of key capabilities are dwell, with others on their approach, which is able to help the XRPL because the layer 1 of selection for monetary establishments wanting to make use of blockchain in a regulated atmosphere.
Ripple can also be working alongside the XRP group to carry native programmability to the XRP Ledger.
