According to prominent cryptocurrency analyst Arthur Hayes, Ethereum (ETH) may fall out of the top 3 by 2030. According to CoinGecko data, ETH is currently the second-largest cryptocurrency by market cap, with a valuation of about $277.96 billion. Let’s discuss what Hayes believes will replace Ethereum (ETH), and if it is really possible.

Ethereum market cap
Source: CoinGecko

What Will Replace Ethereum In The Top 3?

Ethereum STATS
Source: Pixabay

According to the analyst, an AI-powered asset will replace Ethereum (ETH) and the switch will take place by as early as the end of this decade. Hayes anticipates a AI-based asset which powers the agentic economy will come to the forefront. The AI landscape has seen incredible growth over the last few years, and agentic platforms are expected to see massive upside in the coming years. AI-based stocks are already taking over the S&P 500, and a similar pattern could emerge in the crypto scene as well.

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However, Ethereum (ETH) has a few aces up its sleeve which could help the project maintain its dominance. Firstly, the ETH team is working on post-quantum security measures. This is a very important point that could keep the project afloat once quantum computers are publicly available. The quantum threat is real, and the ETH team is already making inroads into user protection from quantum computers.

Secondly, the Ethereum (ETH) network is the most utilized blockchain within the crypto sector. As long as developers use the ETH network to build applications and other crypto assets, Ethereum (ETH) will most remain as a top 3 project.

Thirdly, while it is entirely possible that AI-based assets will come to the forefront, Ethereum (ETH) will most likely remain at the top of the non-AI asset class. ETF inflows and high development activity will most likely keep pushing Ethereum’s (ETH) price and market cap.