I think the underlying public chain will perform better than all other altcoins this year. One of the reasons is because they are one of the easiest ways to bet on the decentralized future of smart contract systems. All decentralized applications (DApps) will run on these underlying blockchain networks. Compared to betting on these underlying networks, it is more difficult to find a needle in a haystack to screen individual lending agreements or decentralized exchanges (DEX). many. You might think that the overall expected future value of these networks is much higher than the expected future value of (BTC), and that BTC is mainly used as a store of value. From the perspective of technical analysis, in my opinion, breaking through the multi-year range of the ETH/BTC currency pair and forming a consistent dome chart is the main trend of this year, and the market is showing its future direction. This is the only cycle so far in which BTC has not hit a historical peak. Due to the excellent performance of ETH in the past year
For BTC, other L1 networks such as Solana, Avalanche, Terra (Luna), Fantom and
Harmony's performance is also much better than.