• 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

Genius Terminal Sparks Airdrop Speculation with Points System

chest

Genius Terminal operates a points system distributing 50 million Genius Points based on trading volume and referrals, fueling speculation about a potential token airdrop.

user avatarRajesh Kumar

Genius Terminal Records Over $157 Billion in Weekly Trading Volume

chest

Genius Terminal, a crosschain trading platform backed by Binance founder Changpeng Zhao's YZi Labs, has recorded over $157 billion in weekly trading volume following its public launch in mid-January.

user avatarGustavo Mendoza

Milk Mocha HUGS Project Signals 74x Upside Potential for Early Investors

chest

The Milk Mocha HUGS project is in Stage 11 of its presale, offering a significant price advantage for early buyers.

user avatarMiguel Rodriguez

Milk Mocha HUGS Gains Traction with Impressive Presale Performance

chest

Milk Mocha HUGS has quickly become a popular meme coin, raising over $293,000 in its presale.

user avatarLuis Flores

Pepe Price Shows Short-Term Strength Amid Market Consolidation

chest

Pepe price is currently holding steady, showing signs of short-term strength while trading volumes remain high.

user avatarMaria Gutierrez

Pepeto's Strategic Timing and Market Recognition

chest

Pepeto is strategically positioned for the upcoming 2026 bull market, with its presale concluding as retail participation begins to accelerate.

user avatarArif Mukhtar

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.