Cathie Wood said blockchain networks have existed for more than a decade and that new launches will continue. She shared an analysis by Lorenzo Valiente, Director of Research at Ark Invest, comparing Ethereum, Solana and Hyperliquid with McDonald's, Chipotle and In-N-Out Burger, respectively. The framework contrasts Ethereum's brand, standards and Layer 1 blockspace with Solana's vertically integrated Layer 1 and Hyperliquid's small-team, privately funded approach. Wood said the analysis helps explain how chains scale, monetize and attract users. Her broader crypto focus remains Bitcoin, Ethereum and Solana, while Ethereum, Solana and Hyperliquid were trading at $2,468.31, $101.97 and $83.90, respectively, at the time of writing.