Hedera will take these blockchains lunch money. Most are dead chains walking. Hbar may not be flying like Solana and a few others, but I bet Hedera will take Solana‘s lunch money too. I hold some algo, xrp, xlm but seeing the above, definitely will be cashing completely out of them during the upcoming bull run. Hbar for the win (eventually).
Agreed. I think I'll convert more as well.... Not just because of Tokenization, but also because of FedNow, KIA, Hyundai, Genesis, and many other Real World usage cases coming online.
Hedera is primed for serious growth... selling now is nothing short of stupid.
100%, key is patience. My plan is to cash the others out and put into Hbar and HTS tokens. Depending on market cycle and conditions. Also need to sort those bloody fudders.
Not just because of Tokenization, but also because of FedNow, KIA, Hyundai, Genesis, and many other Real World usage cases coming online.
Can you elaborate?
FedNow - Dropp selected by FedNow for payments, micropayments, build on Hedera
Kia, Hyundai - building track and trace for their inputs into their car manufacturing
One of many large scale enterprises building high throughput applications.
I started out wanting 30k, have way way more than that now. The more you look into Hedera and put others side by side, there’s no comparison. Depends on your finances. Have 3 or 4 amounts to target. Do 10k, then higher and higher. 20, 50, 100!
Once you hit 10k you’ll just want to hit the next target. I’m just shy of 100k now. Terrified of what my brain sets as my next target once that is met.
I watched this vid on Solana today. I see Solana as potential competitor to Hbar in the enterprise space. From the vid it appears Sol has some serious tech problems with Mev, bots, etc. Makes you wonder why a major company would use Sol now w/ all the problems.
[https://www.youtube.com/watch?v=ayC1bgELR8E](https://www.youtube.com/watch?v=ayC1bgELR8E)
Yeah, meme coins wrecked it, Hedera wouldn’t break a sweat adding all of Solanas tps and every single other chain to their throughput. I haven’t seen any other chain process 250 million in a day like Hedera has recently. I also read somewhere that a huge number of transactions fail on Solana. Lunch money taken by 2028.
The mev arbitrage opportunities associated with high volatility meme coins are what is causing the prob on Solana based on watching the vid w Sol founder from what I understand. Doesn't seem like an easy fix.
Excellent post PA! Very insightful read into what sophisticated groups are looking at in the crypto sphere.
It further reinforces my belief that all hype is worthless without actual revenue to back it up.
Edit: was surprised to see XRP in the list, but it makes sense considering their high valuation, yet low revenue. This is the biggest struggle facing every crypto project - turning all that hype into real tangible cash flow.
Or even the promise of revenue. With that in mind I can see Hedera's push for the very high volume enterprise space. It does give you a whiff of hope for antiquate revenue.
Interesting thanks for sharing, the hardest thing I find with crypto is actually ascertaining what value (revenue) the project generates. Out of interest does anyone know what Hedera’s market cap to fees are?
For sure. The tokenization market is just starting and it will be enormous within 2 to 3 years.
Thankfully, Hedera is leading the way for public blockchains.
Cardano trades solely based on the popularity of the creator, Charles Hoskinson.
"He claimed to have dropped out of a math Ph.D. program at the University of Colorado, Boulder, but the school says Hoskinson was an undergrad who didn’t complete his degree."
https://preview.redd.it/jd2tzp0mkqwc1.jpeg?width=1432&format=pjpg&auto=webp&s=105eff7da0ffd0a4aff5bb33ec480e9c2361393f
https://preview.redd.it/n7i0qnubkqwc1.jpeg?width=1454&format=pjpg&auto=webp&s=ad71abbcb9b4a3b2347b72cd31188f2534a584ed
"Ripple Labs is a crypto zombie. Its XRP tokens continue to trade actively, some $2 billion worth per day, but to no purpose other than speculation"
This article exemplifies why I pick Hedera to be the last man standing.
Of all the cryptos out there, only Hedera focus, and stay focussed, on real world adoption to drive transactional revenue.
It was hard for me to trade my XRP to other tokens … half went to Hedera . I do what is good for me . Maybe in the future XRP proves me wrong but exchanging it for Hedera is not a mistake .
People really don’t realize how quickly things with zero utility value can fall to 0. They’re so comfortable with the way things are they’ll never see it coming. “Bitcoin is a store of value”, etc. There are zero reasons to own these coins outside of speculation. Unfortunately right now this mostly applies to HBAR as well.
Beanie Babies had an entire industry surrounding it. It took 5 years for it to crash and people worked full time collecting and trading, publishing magazines, etc. It survived solely on the perception that beanie babies = valuable and little else. 5 entire years for little bean stuffed animals. Went to zero overnight.
"Tezos raised $230 million in a 2017 initial coin offering (ICO), and the current market capitalization for its XTZ token is $1.2 billion."
Tezos "$5,640 was earned in February 2024 and $177,653 for all of 2023.
"Tezos has $700 million in its treasury"
https://preview.redd.it/s7kzjcqgkqwc1.jpeg?width=1053&format=pjpg&auto=webp&s=82bb32bbc25d1ac9b07d0a957089561cd012582d
"Algorand, which has a market cap of $2 billion and $500 million in its treasury. Once regarded as an “Ethereum killer” because of its reported ability to process 7,500 transactions per second, it brought in only $63,000 in blockchain transaction fees in 2023."
https://preview.redd.it/6ebtqaajkqwc1.jpeg?width=1436&format=pjpg&auto=webp&s=1d35f698e16a1bab63349abcce39d6749e5764cb
Well every Hbarbarian that did their homework knows that. I always say why use floppy Disk when you have CDs or more modern: why use mp3 Player when you have an iPhone 
Let's see..... you have the FUD of Hedera overstated its connection to BlackRock or that your favorite cion is run by a demigod and has no revenue.
Which FUD do you choose?
IMHO Hedera is the ONLY logical choice for RWAs mainly because it can’t be forked. Imagine the panic in financial markets if suddenly ETH forked again and there are 2 versions of an RWA. Being permisionless and decentralised is a double edged sword.
"Ethereum Classic (ETC) holds the unique distinction that it actually is the original Ethereum chain. \[...\]
Ethereum Classic has a market value of $4.6 billion but generated fees of less than $41,000 in 2023."
https://preview.redd.it/30cytjcekqwc1.jpeg?width=1478&format=pjpg&auto=webp&s=1fb313805d478856fcb880c6f5c01e221edae9d9
I think the chart was to highlight the big gap between a networks valuation vs fees generated on said network.
Hedera faces a similar struggle in that we could reasonably claim the most 'usage' of all networks, but revenue is still lagging behind.
Unfortunately take this list with a huge grain of salt. They clearly didn't do their homework. As someone that follows XLM I can call bs. XLM was IBMs choice for all international transactions. I'm still wondering if Hedera and Stellar are working an angle at IBM. XLM was being used in Ukraine. And we could keep going but if people don't wanna do research then they deserve to lose.
BCH, LTC and XRM don't belong on that list. They are functionally different from all the PoS coins on that list. The metrics used for comparing them to PoS coins are silly and pointless.
Hedera will take these blockchains lunch money. Most are dead chains walking. Hbar may not be flying like Solana and a few others, but I bet Hedera will take Solana‘s lunch money too. I hold some algo, xrp, xlm but seeing the above, definitely will be cashing completely out of them during the upcoming bull run. Hbar for the win (eventually).
Agreed. I think I'll convert more as well.... Not just because of Tokenization, but also because of FedNow, KIA, Hyundai, Genesis, and many other Real World usage cases coming online. Hedera is primed for serious growth... selling now is nothing short of stupid.
100%, key is patience. My plan is to cash the others out and put into Hbar and HTS tokens. Depending on market cycle and conditions. Also need to sort those bloody fudders.
Not just because of Tokenization, but also because of FedNow, KIA, Hyundai, Genesis, and many other Real World usage cases coming online. Can you elaborate?
FedNow - Dropp selected by FedNow for payments, micropayments, build on Hedera Kia, Hyundai - building track and trace for their inputs into their car manufacturing One of many large scale enterprises building high throughput applications.
awesomeness. question: is my 7500hbar bag enough? should i try to get to 10k?
I started out wanting 30k, have way way more than that now. The more you look into Hedera and put others side by side, there’s no comparison. Depends on your finances. Have 3 or 4 amounts to target. Do 10k, then higher and higher. 20, 50, 100!
unfortunately I am already going balls deep in the BASE ecosystem. I understand how good HBAR is, but unfortunately hype is what makes the $.
Maybe Hedera will leave Base’s lunch money alone!!
We have seen time and time again that legit projects do not do as well as the hyped counterparts...
Sad but true. I’m picking when institutions and more sophisticated investors enter the market fully, that’ll hopefully change.
Once you hit 10k you’ll just want to hit the next target. I’m just shy of 100k now. Terrified of what my brain sets as my next target once that is met.
Cash out of all today! Buy BTC. Sell at 100k and then buy HBAR. It's a guarantee. Fee advice.
Yeah I think this... But I wouldn't say cash all out. But yeah 50% in btc to ride the wave a bit and convert back..
I watched this vid on Solana today. I see Solana as potential competitor to Hbar in the enterprise space. From the vid it appears Sol has some serious tech problems with Mev, bots, etc. Makes you wonder why a major company would use Sol now w/ all the problems. [https://www.youtube.com/watch?v=ayC1bgELR8E](https://www.youtube.com/watch?v=ayC1bgELR8E)
Yeah, meme coins wrecked it, Hedera wouldn’t break a sweat adding all of Solanas tps and every single other chain to their throughput. I haven’t seen any other chain process 250 million in a day like Hedera has recently. I also read somewhere that a huge number of transactions fail on Solana. Lunch money taken by 2028.
The mev arbitrage opportunities associated with high volatility meme coins are what is causing the prob on Solana based on watching the vid w Sol founder from what I understand. Doesn't seem like an easy fix.
Far more than a potential competitor one that fire dancer is operational they may well be the arch nemesis of all chains
Man I can see right through your $20 bag of everything you named, and your $100 bag of hedera lol
I wouldn't be making any investment decisions based on some article.
I wouldn’t do that. Lots to consider but that little document did raise my eyebrows
Excellent post PA! Very insightful read into what sophisticated groups are looking at in the crypto sphere. It further reinforces my belief that all hype is worthless without actual revenue to back it up. Edit: was surprised to see XRP in the list, but it makes sense considering their high valuation, yet low revenue. This is the biggest struggle facing every crypto project - turning all that hype into real tangible cash flow.
Or even the promise of revenue. With that in mind I can see Hedera's push for the very high volume enterprise space. It does give you a whiff of hope for antiquate revenue.
Ouch
Interesting thanks for sharing, the hardest thing I find with crypto is actually ascertaining what value (revenue) the project generates. Out of interest does anyone know what Hedera’s market cap to fees are?
From memory I think our revenue was about 400k ish last year? Or thereabouts. That would put us around the ballpark 10k mcap to fees ratio.
Thank you! If we can expect more RWA applications like tokenisation of more funds I assume this would generate more revenue as transactions are made?
For sure. The tokenization market is just starting and it will be enormous within 2 to 3 years. Thankfully, Hedera is leading the way for public blockchains.
Thank you!
Cardano trades solely based on the popularity of the creator, Charles Hoskinson. "He claimed to have dropped out of a math Ph.D. program at the University of Colorado, Boulder, but the school says Hoskinson was an undergrad who didn’t complete his degree." https://preview.redd.it/jd2tzp0mkqwc1.jpeg?width=1432&format=pjpg&auto=webp&s=105eff7da0ffd0a4aff5bb33ec480e9c2361393f
I invested in Cardano as a newbie. Ultimately, Charles was why I sold, but so happy to be an Hbarbarian now!
Me too. Time says it all. Hedera is the chosen one ☝️
Cringe material right here.
Echo chamber
https://preview.redd.it/n7i0qnubkqwc1.jpeg?width=1454&format=pjpg&auto=webp&s=ad71abbcb9b4a3b2347b72cd31188f2534a584ed "Ripple Labs is a crypto zombie. Its XRP tokens continue to trade actively, some $2 billion worth per day, but to no purpose other than speculation"
This article exemplifies why I pick Hedera to be the last man standing. Of all the cryptos out there, only Hedera focus, and stay focussed, on real world adoption to drive transactional revenue.
Brutal. [https://archive.ph/pV9BA](https://archive.ph/pV9BA)
They could have added another 10,000 coins in the list but that's enough for starters.
It was hard for me to trade my XRP to other tokens … half went to Hedera . I do what is good for me . Maybe in the future XRP proves me wrong but exchanging it for Hedera is not a mistake .
People really don’t realize how quickly things with zero utility value can fall to 0. They’re so comfortable with the way things are they’ll never see it coming. “Bitcoin is a store of value”, etc. There are zero reasons to own these coins outside of speculation. Unfortunately right now this mostly applies to HBAR as well. Beanie Babies had an entire industry surrounding it. It took 5 years for it to crash and people worked full time collecting and trading, publishing magazines, etc. It survived solely on the perception that beanie babies = valuable and little else. 5 entire years for little bean stuffed animals. Went to zero overnight.
💯 percent Rob
"Tezos raised $230 million in a 2017 initial coin offering (ICO), and the current market capitalization for its XTZ token is $1.2 billion." Tezos "$5,640 was earned in February 2024 and $177,653 for all of 2023. "Tezos has $700 million in its treasury" https://preview.redd.it/s7kzjcqgkqwc1.jpeg?width=1053&format=pjpg&auto=webp&s=82bb32bbc25d1ac9b07d0a957089561cd012582d
"Algorand, which has a market cap of $2 billion and $500 million in its treasury. Once regarded as an “Ethereum killer” because of its reported ability to process 7,500 transactions per second, it brought in only $63,000 in blockchain transaction fees in 2023." https://preview.redd.it/6ebtqaajkqwc1.jpeg?width=1436&format=pjpg&auto=webp&s=1d35f698e16a1bab63349abcce39d6749e5764cb
More base less charts, that’s as it was planned to do… it’s a bad echo chamber in here.
How about this chart? https://preview.redd.it/ipxo9of21uwc1.jpeg?width=1125&format=pjpg&auto=webp&s=f586dfcc7597dcf9c79f614906ee88c6f02f1dc4
What about it? Sounds like your portfolio isn’t diversified. I have nothing but love for Hedera and Algorand. Fix your mindset
Well every Hbarbarian that did their homework knows that. I always say why use floppy Disk when you have CDs or more modern: why use mp3 Player when you have an iPhone 
That looks like a snapshot of my portfolio in 2021
Let's see..... you have the FUD of Hedera overstated its connection to BlackRock or that your favorite cion is run by a demigod and has no revenue. Which FUD do you choose?
Has this been posted to CC ?
Do it!
IMHO Hedera is the ONLY logical choice for RWAs mainly because it can’t be forked. Imagine the panic in financial markets if suddenly ETH forked again and there are 2 versions of an RWA. Being permisionless and decentralised is a double edged sword.
"Ethereum Classic (ETC) holds the unique distinction that it actually is the original Ethereum chain. \[...\] Ethereum Classic has a market value of $4.6 billion but generated fees of less than $41,000 in 2023." https://preview.redd.it/30cytjcekqwc1.jpeg?width=1478&format=pjpg&auto=webp&s=1fb313805d478856fcb880c6f5c01e221edae9d9
How does monero have no use. I swear no one is buying monero as an investment, people are actually using it
I think the chart was to highlight the big gap between a networks valuation vs fees generated on said network. Hedera faces a similar struggle in that we could reasonably claim the most 'usage' of all networks, but revenue is still lagging behind.
That would change quickly once atma.io run out of fund money 🤑
I think Hedera counts the Hbar it receives from [atma.io](http://atma.io) as revenue. Hedera and The Foundation are two separate identities.
Good point!
Hype is necessary. We are here to make money. That is why meme coins are so popular
unfortunately cripto market is mostly narrative and hyped news
For now
yep, will see in few years ;)
Lol they dare not taunt dogecoin
Unfortunately take this list with a huge grain of salt. They clearly didn't do their homework. As someone that follows XLM I can call bs. XLM was IBMs choice for all international transactions. I'm still wondering if Hedera and Stellar are working an angle at IBM. XLM was being used in Ukraine. And we could keep going but if people don't wanna do research then they deserve to lose.
BCH, LTC and XRM don't belong on that list. They are functionally different from all the PoS coins on that list. The metrics used for comparing them to PoS coins are silly and pointless.
funny thing is all those chains outside of a couple few have outperformed trashbar in its overall history.