Ethereum Competes with Bitcoin: Are We on the Brink of a Structural Shift in the Market?
Why has Ethereum come into the spotlight now?
1. Strong Price Surge and Increased Institutional Interest
Significant changes have occurred in the U.S. regulatory landscape for cryptocurrencies that enhance Ethereum's position, including the emergence of Ethereum-based ETFs that have received positive feedback from investors.
2. Dominance Rumors in the Market Cap
Some experts are beginning to talk about the possibility of Ethereum surpassing Bitcoin in terms of dominance, driven by the booming DeFi sector, technological advancements, and the popularity of smart contracts.
3. New Dollars Entering the Market
At the same time, topics such as the potential inclusion of Bitcoin's digital currency in 401(k) retirement accounts, along with the emergence of support measures from institutions, are all factors pushing the market towards broader adoption.