PANews reported on May 11 that Nick Tomaino, founder of 1confirmation, posted on the X platform that Ethereum is the leading platform for applications such as stablecoins, DeFi, NFT, prediction markets, decentralized identities, and decentralized social networking. Many developers and companies such as Coinbase, Blackrock, Fidelity, Stripe, Kraken, Deutsche Bank, Sony, Visa, Polymarket, Uniswap, Aave, and Opensea are thriving in the Ethereum ecosystem. ETH is a credible neutral means of storing value. As applications in the ecosystem become more abundant, its scarcity increases. It is also a capital-generating asset, and its protocol is also evolving.