According to an analysis by the cryptocurrency platform Matrixport, Bitcoin continues to dominate the market, but Ethereum could change the scenario in 2025.
Current Market Situation
Matrixport states that this year Bitcoin has outperformed the market with its dominance rising from 50% to 61%, then falling to 54%. On the contrary, Ethereum saw a significant drop in dominance from 18% to 12% following the launch of spot ETH ETFs.
Ethereum Prospects
Matrixport analysts noted that the focus in the altcoin space is shifting towards Solana, but Ethereum could make a significant recovery in 2025 with increasing ETH ETF inflows.
Impact of Institutional Investments
Experts suggest that traditional finance institutions could begin to aggressively accumulate ETH, supporting a potential Ethereum rally.
Matrixport estimates suggest that 2025 could be pivotal for Ethereum, especially if traditional financial institutions continue to build positions.
