Допис

The bigger question is not which blockchain wins. It is which advantage becomes harder to replicate as ecosystems mature. $BTC → monetary credibility $ETH → settlement and programmable infrastructure $SOL → speed, scale, and execution These networks are not competing for the same role. Each is building a distinct moat, attracting different capital, developers, and users. The real signal is whether usage compounds into liquidity, applications, and durable network effects.