PANews reported on January 12 that Nick Tomaino, founder of 1confirmation, posted on the X platform that ETH is used as a currency for all new use cases that drive the development of the Internet, from decentralized finance to NFT, to prediction markets, stablecoins, games and DAOs, etc. ETH has a yield of about 2.5%, is deflationary, and benefits from the growth of the most sound blockchain expansion strategies (L2 and L3), which is why ETH is hated by extreme BTC users because they feel threatened.