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Analysts Favor Solana, Ethereum’s Supply Dynamics; Call Bitcoin ‘Godzilla Of Finance’: Messari Report

Published by
Benzinga

Bankruptcies, lawsuits, wins for the SEC, losses for crypto operators, bad actors and the spot Bitcoin ETF approval: the crypto space in 2023 was an eventful and remarkable year. In its latest report, Messari highlighted crypto and its relevance in 2024. What Happened: The Messari report termed Bitcoin (CRYPTO: BTC) as the “Godzilla of Finance” based on the ETF approval, in addition to accounting changes supporting companies holding Bitcoin and the trend towards digital cash. Price Action: Bitcoin prices were trading 3.3% higher in the past 24-hour trading session, taking the crypto past two-m…

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