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Ethereum is already larger than Goldman Sachs (GS) ($98 billion) and almost three times smaller than Visa (V) ($280 billion) in terms of market capitalisation. According to CoinDesk, Ethereum blockchain processes 15 transactions per second compared to the 45,000 processed by Visa. Given the fact that ETH is now used mostly for payments and not to run smart contracts, the price of ETH tokens seems overvalued.Ether no longer serves the function it was created for and is used mostly as a cryptocurrency, not as a fuel for smart contracts.
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