ETH will overtake Bitcoin
Ethereum has already exceeded Bitcoin in terms of node count, transaction count, and total transaction fees, according to data from Blockchain Center. However, Ethereum's market cap of $200 billion is still a long way off from Bitcoin's $1 trillion market cap.
Ethereum (ETH) could overtake Bitcoin (CRYPTO: BTC) to become the most valuable cryptocurrency, according to Ryan Watkins, an analyst at cryptocurrency research firm Messari.
Why It Matters: According to Watkins, Bitcoin's unique selling point as a "store of value" commodity is its very predictable monetary policy.
“I believe that the transition to Ethereum 2.0 and proof of stake, which is a new way of protecting the Ethereum blockchain...Ethereum may potentially be more stable than Bitcoin,” he said.
Undoubtedly, a new renewed opportunity presents itself in the cryptocurrency market with ETH 2.0. Do you guys think ETH 2.0 is going to overthrow bitcoin as the king of cryptos?