Vitalik’s Plan Can Bring ETH to $3,000 and Crypto (XRP, BTC) ‘More Popular’ Than Stocks in Korea
Good Morning, Asia. Here’s what’s making news in the markets:
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.
Macro Events and Vitalik’s Bold Plan to 10x Ethereum Layer 1 Could Propel ETH Past $3000: OKX’s Lennex Lai
ETH traders are eying $2600 as Asia begins its business day, but OKX’s Chief Commercial Officer Lennex Lai sees an easy path for the token to hit $3000 if Vitalik Buterin can get rid of Ethereum’s reliance on Layer-2s.
Layer 1 refers to the main blockchain infrastructure, such as Ethereum itself, while Layer 2 solutions are secondary systems built on top of Layer 1 to…
