Pantera Capital founder: Investors should follow blockchain projects beyond Bitcoin.

According to a report from Fortune magazine, the founder of Pantera Capital emphasized the reasons for investing in diverse blockchains and projects during an interview. "There isn't just one internet company, right?" he stated, "That's exactly how I view blockchain." Although Bitcoin dominates, its use cases are relatively limited, especially in the context of supporters continuously pushing for decentralized finance applications (such as DeFi) involving payments and lending. Other blockchains like Ethereum and Solana have advantages that Bitcoin does not, including faster speeds, programmability, and lower transaction fees. Stablecoins (a type of crypto asset backed by the US dollar) are expected to bring breakthrough developments to the entire industry, particularly as banks and large tech companies begin to explore this space. As the trend of enterprises adopting stablecoins grows, it will attract more participants into the blockchain ecosystem.