According to Bijiéwǎng, BitMEX co-founder Arthur Hayes has expressed skepticism toward Layer-1 blockchains like Monad, predicting that most will eventually fail. He emphasized that Ethereum and Solana are the only chains with the institutional use cases necessary for long-term survival. Hayes noted that Ethereum is clearly winning due to its adoption in traditional finance, while Solana needs innovative strategies beyond meme coins to grow. He dismissed Monad’s token as having 'no value,' forecasting a 99% price drop despite its initial rise. Hayes continues to favor Bitcoin, Ethereum, and Solana as top investment choices.
Arthur Hayes Doubles Down on Ethereum and Solana, Dismisses Monad
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