• 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

HYPE Tokens Surge Over 60% Year-to-Date Amid Innovative Strategies

chest

HYPE tokens have surged over 60% year-to-date due to innovative strategies, including a tripledip staking approach and ongoing buybacks, creating a deflationary environment that boosts market confidence.

user avatarTando Nkube

Hyperion Reports Strong Q4 Performance with 64% Revenue Growth

chest

Hyperion reports a remarkable 64% increase in Q4 revenue and an 87% surge in adjusted gross profit, while successfully reducing core operating expenses by 30%.

user avatarKofi Adjeman

Ethereum's Role in APEMARS Success

chest

APEMARS is leveraging Ethereum's robust infrastructure, utilizing the ERC20 standard to enhance its security and usability.

user avatarNguyen Van Long

Conviction of Tornado Cash Co-founder Sparks Regulatory Debate

chest

The conviction of Roman Storm, co-founder of Tornado Cash, has sparked a debate on decentralized finance regulation in Washington.

user avatarSatoshi Nakamura

Digital Asset Market Clarity Act Faces Senate Stalemate

chest

The Digital Asset Market Clarity Act of 2025 categorizes crypto assets but is stalled in the Senate over stablecoin yield disputes.

user avatarJesper Sørensen

Tezos Balances Developer and User Events to Foster Ecosystem Growth

chest

Tezos continues to host developer-focused gatherings while introducing user-facing summits, creating a dual-track event strategy.

user avatarLucas Weissmann

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.