On Thursday, Ethereum co-founder Vitalik Buterin launched a pair of polls on Twitter for the Ethereum community. “Imagine waking up in 2035, and 80 percent of all transactions and savings in the world are in a currency that is not ETH.” Which option do you prefer?” He penned something.
Buterin asked his followers to choose between BTC, USD, SOL, and ADA in his first tweet. The second tweet gives them the option of selecting TRON, BNB, CNY, or NEO. After 24 hours, the first poll received 600,697 votes, while the second received 358,743 votes. Cardano (ADA) leads the first poll, followed by bitcoin (BTC) and solana (SOL). Tron (TRON) comes out on top in the second poll, followed by Binance coin (BNB) and neo (NEO).
Buterin’s first poll includes the top cryptocurrencies in terms of market capitalization, excluding stablecoins. According to Bitcoin.com Markets, the largest cryptocurrency has a market cap of $821 billion at the time of writing. Solana, the fifth-largest cryptocurrency, has a market capitalization of $47 billion, while Cardano, the seventh-largest coin, has a market capitalization of $42 billion.
Buterin’s second poll includes Binance coin, the third-largest cryptocurrency with a market cap of $83 billion. Tron has a market cap of $7 billion, while Neo has a market cap of less than $2 billion.
While the Ethereum co-polls founder’s appear to be amusing and have received many comments and likes on social media, people have questioned Buterin’s motivations for posting such polls, the cryptocurrencies he included, whether votes were cast by bots, and the likelihood that 80 percent of transactions will be in one currency.
Tone Vays, a Bitcoin trader, asked, “Is Vitalik looking for a new job?” Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, stated:
Other cryptocurrencies suggested by Vitalik’s Twitter followers in response to polls include XRP, dogecoin (DOGE), shiba inu (SHIB), and polkadot (DOT).
Meanwhile, several people have pointed out that the results of Buterin’s polls only reflect the popularity of certain cryptocurrencies among his followers and Twitter users, and that they have no bearing on the popularity of a particular cryptocurrency in the real world. Bank of America, on the other hand, believes that Solana has the potential to eat into Ethereum’s market share.