• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Raul Pal claims that Ethereum will overtake Bitcoin in 2024

Raul Pal claims that Ethereum will overtake Bitcoin in 2024

user avatar

by Max Nevskyi

2 years ago

Former Goldman Sachs executive director, Raoul Pal, predicts that in 2024 Ethereum (ETH) will surpass Bitcoin (BTC).

The current CEO of Real Vision believes that in the coming year, Ethereum in tandem with Bitcoin (ETH/BTC) could replicate the price pattern of the 2021 bull market.

For all the ETH bears, in February 2021, BTC first reached $44,000 (where it stands today), while ETH was at $1,400 (now $2,250). Nine months later, ETH grew by 245%, BTC by 45%. I believe that ETH's superiority over BTC will become a key macroeconomic trend in 2024, and our work at EXPAAM (Exponential Age Asset Management) takes this into account.

On the evening of December 23rd, ETH/BTC was trading at a price of 0.05288 BTC ($2,314)

On the evening of December 23rd, ETH/BTC was trading at a price of 0.05288 BTC ($2,314).

The analyst also speculates that there will be more favorable macroeconomic conditions for risky assets, including Ethereum in the near future, which could lead to rapid growth, as was the case two years ago.

This analyst is confident that in the coming year, Ethereum's competitor, Solana (SOL), will not be able to catch up with Ethereum.

On the evening of December 23rd, the SOL/ETH pair was trading at a price of 0.0419 ETH ($97.01). Since the beginning of the current year, the price of SOL has risen from $9.99, reflecting a growth of more than 871%.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bybit Announces Listing of NIGHT Token

chest

Bybit has officially announced the listing of the NIGHT token, enhancing its visibility and liquidity.

user avatarMohamed Farouk

Changpeng Zhao Aims to Boost Digital Asset Growth in the US

chest

Binance founder Changpeng Zhao aims to enhance the US role in digital asset growth after receiving a presidential pardon, emphasizing the need for stronger ties between banks and digital asset companies.

user avatarElias Mukuru

Community Reacts to Proposed Sentence for Do Kwon

chest

The proposed 12-year sentence for Do Kwon has sparked reactions within the cryptocurrency community, highlighting concerns about governance and oversight.

user avatarDiego Alvarez

Kiyosaki Highlights Ethereum's Role in Future Tokenization

chest

Robert Kiyosaki has included Ethereum in his list of recommended assets, emphasizing its potential in the tokenization of assets.

user avatarKenji Takahashi

US and EU Regulatory Split on Stablecoins Could Fracture Global Liquidity

chest

A new report from CertiK warns that the regulatory split between the US and EU on stablecoins could fracture global liquidity.

user avatarMaria Fernandez

Mario Mosbek's YouTube Channel Offers Unique Poker Insights

chest

Mario Mosbek's newly launched YouTube channel offers unique insights into elite poker tournaments, hand analyses, and educational materials for players of all levels.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.