According to expert predictions, Ethereum (ETH) could significantly outpace Bitcoin (BTC) in the current cycle. This opinion reflects a growing consensus within the crypto industry.
Expert Predictions on Ethereum and Bitcoin
Raoul Pal, founder and CEO of Global Macro Investor, has predicted that Ethereum will outperform Bitcoin in the current cycle. This view is echoed by other analysts, including Chris Burniske from Placeholder and Tom Lee from Fundstrat, who also claims that Ethereum may eventually surpass Bitcoin by market capitalization.
Price Dynamics of Ethereum
Last weekend, the price of Ethereum came close to reaching $5,000, hitting an all-time high of $4,946 according to CoinGecko data. While Bitcoin faces challenges, ETH/BTC has surged over 73% in the past month. Ethereum has shown a 12% increase against Bitcoin this year after three years of underperformance.
Special Attention to Solana
Despite ETH's impressive performance, it is worth noting that Solana is also gaining attention, although it is underperforming compared to Ethereum. The SOL/ETH pair has increased by approximately 5% in the past three days. This week, Solana is increasing its presence in Washington with the help of lobbyist Kristin Smith.
According to analysts' views, Ethereum may have a successful future ahead, and its market performance is already confirming this trend. Meanwhile, Solana continues to develop, making the crypto market even more intriguing.