"I think 2026, this is our thesis a little bit is the year of the corporate chain wars. Blockchains are shortened to chain. And it used to be okay, what am I going to use to be the transaction mechanism for Wall Street in the future? Is it going to be Ethereum? Is it going to be Solana? And then a lot of people were starting their own chains."
"When stablecoins become a serious settlement mechanism, the question of which chain those stablecoins run on becomes enormously consequential. Enterprises, financial institutions, and even sovereign-adjacent players are now asking whether they should build on an existing public chain, fork one, or launch their own entirely. The answer they pick locks in a competitive moat that could last a decade."
VanEck's CEO predicts 2026 will be defined by competition among blockchains to become Wall Street's transaction infrastructure. The battle extends beyond Ethereum versus Solana to include enterprises launching their own chains. Stablecoins, particularly Circle's momentum, have reignited focus on crypto's infrastructure layer for actual money movement rather than speculation. When enterprises, financial institutions, and sovereign entities select which chain to build on, fork, or launch independently, they establish long-term competitive moats. VanEck's $135 million Ethereum ETF position demonstrates institutional commitment to infrastructure plays. Current price declines in major cryptocurrencies do not diminish the strategic importance of underlying blockchain infrastructure selection.
#blockchain-infrastructure #corporate-chain-wars #stablecoins #ethereum-vs-solana #wall-street-settlement
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