Crypto is entering a new phase, where speed, interoperability, and developer migration matter more than memes or hype. Chainlink (LINK) has become Web3’s invisible engine, powering 11 major chains from Ethereum to Solana, while Jupiter (JUP) fights to hold $0.37 amid shrinking liquidity. Yet neither commands the kind of attention BlockDAG (BDAG) is generating. WithCrypto is entering a new phase, where speed, interoperability, and developer migration matter more than memes or hype. Chainlink (LINK) has become Web3’s invisible engine, powering 11 major chains from Ethereum to Solana, while Jupiter (JUP) fights to hold $0.37 amid shrinking liquidity. Yet neither commands the kind of attention BlockDAG (BDAG) is generating. With

LINK’s Multi-Chain Growth and JUP’s Price Battle Set the Stage for BlockDAG’s $430M Smart-Contract Breakthrough

2025/10/22 08:00
Crypto is entering a new phase, where speed, interoperability, and developer migration matter more than memes or hype. Chainlink (LINK) has become Web3’s invisible engine, powering 11 major chains from Ethereum to Solana, while Jupiter (JUP) fights to hold $0.37 amid shrinking liquidity. Yet neither commands the kind of attention BlockDAG (BDAG) is generating. With
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Xiao Feng: Ethereum is still the core of applications and is difficult to replace due to its first-mover advantage and continuous optimization

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PANews reported on October 22nd that at the ETHShanghai 2025 main forum, Xiao Feng, Vice Chairman and Executive Director of Wanxiang Holdings, Chairman of Wanxiang Blockchain, and Chairman and CEO of HashKey Group, stated that blockchains can be broadly divided into two categories. One, represented by Bitcoin, is primarily a currency issuance system that achieves high-speed calculations through simple mathematical formulas and prohibits complex external deployment, allowing for rapid global consensus, hence its esteemed status as "digital gold." The other, represented by Ethereum, is application-centric and has gradually developed along the lines of the original white paper, currently holding 60%-70% of the application market share. Xiao Feng noted that there is no need to attempt to replace Ethereum, as it has a first-mover advantage and is continuously improving. Other blockchain projects need to demonstrate that their strategic positioning differs from Ethereum and that they offer differentiated value, making the possibility of challenging Ethereum very low. Xiao Feng also emphasized that the development of DeFi cannot be ignored, but it needs to take into account KYC and anti-money laundering requirements, as its philosophy differs from traditional finance. Through zero-knowledge identity authentication (ZK ID), users can verify their identity as qualified investors using information such as certificates, proof, and work experience, allowing them to trade securely around the world, allowing decentralized finance to better serve the global financial system.
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