There are more and more opinions about the future superiority of Ethereum over Bitcoin. The founder and CEO of the financial company deVere Group is confident that the leaders of the cryptocurrency market will swap places.
According to Nigel Green (Nigel Green), the ETH rate will grow at a faster pace than Bitcoin. And in a few years, Ethereum will become the first cryptocurrency in terms of capitalization.
“Ethereum is outperforming Bitcoin’s growth, and this trend can be expected to continue for the rest of 2021. In fact, in the first half of this year, ether surpassed any other major assets, ”Nigel Green said.
Since the beginning of the year, the ETH rate has tripled, while Bitcoin has added “only” 55%. There are several prerequisites for the continued growth of the second cryptocurrency. Ethereum remains the most popular platform for smart contract developers, and the network’s potential has yet to be fully tapped. Ethereum developers continue to work on the launch of ETH 2.0 with a staking mechanism, which should significantly speed up network performance.
“This all indicates that ETH will surpass BTC in terms of capitalization. Most likely for five years now. And it looks inevitable, ”said the CEO of deVere Group.
At the same time, Green has a positive view of bitcoin as well. He believes that by the end of the year, BTC may well return to $ 65,000, and perhaps even exceed this mark.
Late last year, Greene revealed that he sold half of his BTC holdings for Christmas. Then the BTC rate reached $ 25,000. At that time, the investor was in a hurry: in mid-April, the rate of the first cryptocurrency reached $ 65,000, and even now, after the correction, the coin is trading at about $ 45,000.
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