#ETHEREUM

You may not know that Ethereum came close to surpassing BTC to become the cryptocurrency with the largest market value on June 18, 2017.

At that time, BTC held 37.8% of the market share, while ETH was at 31.2%. However, in the end, this did not happen; BTC regained its dominance and has maintained a significant gap over ETH since then.

The reasons:

1/ ICO BOOM: Ethereum's ICOS enabled through smart contracts drove demand for ETH as investors joined token sales.

2/ Calling Technology: Ethereum's smart contracts support Defi and Dapps, making it more versatile than Bitcoin's store focus.

3/ Speculative Frenzy: The 2017 Crypto Bubble fueled ETH's price surge to nearly $400, while Bitcoin was around $2600.

4/ Bitcoin Issues: Bitcoin faced scaling problems and community debates over solutions, enhancing Ethereum's appeal.

Despite this, Bitcoin regained dominance and maintained a significant gap over Ethereum.