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Alliance DAO founder: Sold Ethereum last year due to limited growth potential

Qiao Wang, founder of Alliance DAO, said: I have owned Ethereum since the creation of the block, but I sold it last year and held it for a full 10 years because I believed that Ethereum’s growth potential was almost over. The possibility of Ethereum’s Layer 2 or other emerging Layer 1 wanting to surpass Solana is less than 50%, and may even be only 10% to 20%. Qiao Wang is a fellow alumnus of Vitalik and one of Pumpfun’s most important early investors.

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