PANews reported on September 24 that Tom Lee, chairman of Ethereum treasury company Bitmine, said in an interview that Robinhood chose Ethereum as the infrastructure for related businesses mainly because of its security and liquidity rather than low transaction fees. Lee believes that the value proposition of Ethereum is gradually going beyond simply obtaining transaction fees. It does not need to maximize Gas fees or obtain more value from project parties on the network to achieve growth; at the same time, ETH is gradually evolving into a value storage asset, and users hold ETH because it has practical uses and has the potential for appreciation.
Tom Lee: The value proposition of ETH is changing, Robinhood chooses Ethereum because it is safe and liquid
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