$5 billion bet: Is Ethereum ready to topple Bitcoin's throne?
An epic battle for the throne is unfolding in the crypto world. Fundamental Global has just filed for a $5 billion shelf registration, all aimed at Ethereum treasury strategies, with the goal of capturing 10% of the digital asset market. Even more exciting, Consensys CEO Joe Lubin has publicly predicted that treasury companies will push ETH's market value beyond BTC within a year. This is not a boast, but a strategic judgment based on deep logic.
The competition between Ethereum and Bitcoin is essentially a showdown of two value propositions. Bitcoin is digital gold, with scarcity as its core value, and a total supply cap of 21 million coins makes it a perfect store of value. However, its functionality is relatively limited; aside from transferring and holding, you can't do much with Bitcoin. It's like gold, precious but with limited uses.