Bankless Ventures founding partner David Hoffman said the crypto market occasionally sees a single asset absorb funds shifting out of Bitcoin holders. He said ETH saw a similar pattern in 2021, while ZEC is now becoming a new consensus allocation for some Bitcoin funds in 2026.
According to Odaily, Hoffman said ZEC’s market value has risen from about $200 million to about $26 billion, while Bitcoin’s market value remains much larger at about $1.7 trillion. He added that convincing only a small number of Bitcoin holders to allocate a small amount of ZEC could create sustained buying. Hoffman also said NEAR is absorbing relatively weaker smart contract buying in 2026.$NEAR
$BTC
#cryptouniverseofficial #BTC #Binance #bitcoin
According to Odaily, Hoffman said ZEC’s market value has risen from about $200 million to about $26 billion, while Bitcoin’s market value remains much larger at about $1.7 trillion. He added that convincing only a small number of Bitcoin holders to allocate a small amount of ZEC could create sustained buying. Hoffman also said NEAR is absorbing relatively weaker smart contract buying in 2026.$NEAR
$BTC
#cryptouniverseofficial #BTC #Binance #bitcoin