Ethereum May Surpass Bitcoin’s Market Cap in the Next 10 Years

[50 Cent]

Economist Raoul Pal says Ethereum’s (ETH) probable adoption as programmable money may see it becoming the largest cryptocurrency by market capitalization, overtaking Bitcoin (BTC) within the next ten years. At such a time, several blockchain networks may account for a larger share of the global financial markets as digital assets become more mainstream.

“My hunch is BTC is a perfect collateral layer but ETH might be bigger in market cap terms in 10 years for the reasons above. Money and collateral is just the base layer. Everything builds on top. The store of value is collateral, the trust layer and exchange of value is bigger.”

Pal dismissed the “one blockchain to rule them all” argument, insisting instead that different networks will carve out niches for themselves in the global business process. For Pal, Ethereum is better placed to capture areas like the $1.2 quadrillion derivatives layer, the $70 trillion equities arena, and the $260 trillion debt market.
the DeFi market has seen significant growth in 2020 with numerous protocol launches since the start of the year. According to DeFi aggregator Defipulse.com, the total value locked (TVL) in the DeFi market now stands at almost $14 billion.
Commenting on the need for a broad-based assessment of value across the digital asset (DA) space, Pal argued:

“This is why I care about the entire DA space. There will be many enormous winners, many failures, many scams, many false dawns but in the end, trillions and trillions of value will accrue across digital assets, tokens, protocols and crypto that tie all of this together.“


source: https://btcmanager.com/ethereum-bitcoin-market-cap-10-years-economist-raoul-pal/

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[edandrada]

i dont think that any coin can surpass btc in near future.
btc is king, eth is second and xrp is third.
the other coin will race for top 10.

[Sterbens]

this predictions can be right, but also can be wrong too
but, my personal opinion bitcoin will always stand as the king of crypto, wich mean the marketcap of bitcoin will stay as the biggest marketcap in crypto market my friend

I agree with you. and indeed Bitcoin is the parent of altcoins. although Ethereum will have potential, it will remain under the bitcoin umbrella. not only that without bitcoin as the king of cryto, ethereum wouldn't be as great as it is now.
Bitcoin is irreplaceable even though in the next 10 years, the scarcity of bitcoins at that time has become an immutable integrity.

[TeraBite]

It would never happen none of altcoin have any kind ability to do this in current century. ETH's smart contracts are full of bugs and smart money is interested to buy this coin. This could be marketing trick to let people buy this coin.

[aemma]

Many coins have been trying to beat Ethereum but are not yet to, also, even though Ethereum is trying it's best to remain on top, I think the team are doing so in order to keep winning but not to challenge Bitcoin in any way. Bitcoin has grown a lot ever since its inception and have passed through stages which made it stronger, hence the reason it is valued today and also the reason more platforms are finding it worthy of accepting as a payment method, while more people are finding it worthy of investing as well. This fact has made it possible for Bitcoin dominance to keep growing hence Bitcoin controls the whole crypto market. Also, the reason why Bitcoin will continue maintaining that position while making it difficult for any other is the fact it is highly trusted.

[thecodebear]

I honestly don't see any coin ever eclipsing Bitcoin's market cap.

I think there is no doubt Ethereum will always be the second major player in crypto, as it will likely become a globally important platform for finance. But Bitcoin looks likely to become literally the reserve currency for the world. I guess you can debate which of those two things will end up being bigger.

But for Bitcoin in the future I see corporations buying up hundreds of billions of dollars, investment firms buying up trillions of dollars, retail market buying up trillions of dollars, central banks and governments buying up trillions of dollars, and hundreds of billions or trillions of dollars of gold being moved into Bitcoin. Literally talking about a possible market cap for Bitcoin at several dozen trillion dollars.

Ethereum will no doubt go into the trillions, and maybe even significantly over 10 trillions dollars, but I don't see it matching Bitcoin. Also there's a decent chance there will be smaller blockchains competing with Ethereum and forming a whole industry for decentralized finance and other industries of  dapps - I don't think Ethereum is going to take 100% of the eventual smart contract use case. But Bitcoin is likely to take 100% of the store of value / reserve currency use case because there is literally nothing in crypto competing with it, and Bitcoin will obviously eventually beat out the USD and Gold for that use case.

If in 20 years or so the marketcap of crypto is let's say 50 trillion, I would say Bitcoin would probably be 30+ trillion, Ethereum 10+ trillion, and everything else combined <10 trillion made up of coins merely for speculating by traders, smaller competitors to Ethereum, tokens that are involved in Ethereum's ecosystem, and niche coins that serve some small specific purpose.

[shinratensei_]

It would never happen none of altcoin have any kind ability to do this in current century. ETH's smart contracts are full of bugs and smart money is interested to buy this coin. This could be marketing trick to let people buy this coin.

All of major coins were pegged with bitcoin. bitcoin's market cap will never be surpassed by anyother crypto.
Trus decentralized, low and limited supply and it has more and more big investors are coming in right now.

The smartcontract being programmed by 3rd developers. Ethereum was only providing the network and platform to do that. There are so many sourced for the creation of smartcontract and this was coming from the various parties.

[takngantuk]

remember the amount of bitcoin supply is 21 million, and if it is reached what will happen? it will be very rare, so this will increase the price of btc in the future. if the price goes up high, the market capitalization will also increase. different from bitcoin, ethereum does not have a max supply. and this is what makes Ethereum can never match Bitcoin.

until whenever ethereum will not beat bitcoin.

[Nocoiner_01]

Ethereum will become the largest crypto ecosystem but might remain short of Bitcoin's market cap. BTC has already claimed the store of value status whereas Ethereum is a platform for decentralized web applications - Ethereum will likely drive Web3 to the next level. Whether BTC or ETH will be used for mainstream payments is yet to be determined. If the ETH 2.0 update does what it says, then Ethereum will scale faster than Bitcoin, since BTC's current second-layer solutions are nowhere as concrete and scalable.

[Kopetunto]

it could happen, because indeed the use case of Ethereum is very clear,
DEX, DeFi, and several other categories are built on the Ethereum platform,
of course this makes Ethereum very strong, yes to be honest, Ethereum is still better than Bitcoin,
but Bitcoin is still more popular than Ethereum.

[CuriousGeorge]

it could happen, because indeed the use case of Ethereum is very clear,
DEX, DeFi, and several other categories are built on the Ethereum platform,
of course this makes Ethereum very strong, yes to be honest, Ethereum is still better than Bitcoin,
but Bitcoin is still more popular than Ethereum.

The usability of ethereum platforms being discovered by the community. ethereum will be nothing without the community dude. All of the platforms that pegged with ethereum must have become big industries and this can make the price of pump for ethereum price too.
Ethereum is better than bitcoin in term of usability.

[globalpain]

10 years is still very long, there will be competitors for Ethereum in the future,
5 years we will see, maybe Tron, Binance, even EOS will be in the top 5, and it could overtake Ethereum,
everything can happen in the world's cryptocurrency.

[leea-1334]

“My hunch is BTC is a perfect collateral layer but ETH might be bigger in market cap terms in 10 years for the reasons above. Money and collateral is just the base layer. Everything builds on top. The store of value is collateral, the trust layer and exchange of value is bigger.”

Could be true, I do not see why not. 10 years is a long long time to happen but this assumes Bitcoin also remains the way it is and ETH also continues to be the #1 smart contract and Dapp chain.

Looking at the way things are now, that is probably how the world in crypto will look like,,, but 10 years is huge in tech.

[Ridwan Fauzi]

I guess it will be harder than we imagine, although we have seen ethereum developer are trying to improve and make an update in their system which can make many people like ethereum. Like as of now, they are trying to update the system to make the transsction is more fast since we have seen the ETH transaction get a problem when the DeFi system is booming, but sooner ETH can fix it and run normally.

But in fact we have to see another factor, although the altcoin has a good fundamental and can push the price to the moon it can't happen if bitcoin price is down in market.  Like there are some bad informations come to bitcoin and give an affect the investor sell their bitcoin, this thing will happen to altcoin as well. I never see there is an altcoin who has a good market, I mean its price increasing when bitcoin price is decreasing.

[tabas]

until whenever ethereum will not beat bitcoin.

At the end of discussion, it will end up like this. I'm a holder for both coins and I've got more with bitcoin but the investment I have for Ethereum is also a lot for me. Whether it will surpass bitcoin in 10 years based from the opinion of anyone, an expert, a speculator or anyone that just likes to speculate.
There a lot of things that can happen but it's not on my mind to see bitcoin being replaced in the top charts because IMHO, bitcoin would still be the leading even after more than 10 years.

[BChydro]

There was a time when everyone thought that the price of ETH will surpass bitcoin before the last rally in 2016 but then bitcoin just move higher leaving behind every other coin and now i am surprised to see that some are thinking that ETH might surpass the market cap of bitcoin in the next 10 years which is highly unlikely.

The possibility is you should assume that bitcoin would go down in valuation in the next ten years and that is impossible to imagine at this stage.

[rodskee]

for the next 10 years?with this huge difference from the beginning? and Ethereum in which having difficulties to move up now?nope i dont believe in this one ,maybe believing that ethereum will hold the rank 2 position even there are tempt of ETH being taking throne for rank 2 to rank 3 or 4 sooner.

10 years is still very long, there will be competitors for Ethereum in the future,
5 years we will see, maybe Tron, Binance, even EOS will be in the top 5, and it could overtake Ethereum,
everything can happen in the world's cryptocurrency.

But the topic talks about Bitcoin being overtaken by Ethereum and not ethereum is being overtaked.

But you are correct there are some coins that may took the eth position so how come that in 10 years Eth will take the bitcoin throne ?

[carlisle1]

Nothing is impossible to happen but the first problem that ethereum must face is the chance of This rank 2 coins will be replaced by other coins like Tron,XRp or other coins who's threat to his position.

and 10 years a very long years for something could happen in Crypto world.

We can see bitcoin falling or even Gaining over those years.

[Reatim]

“My hunch is BTC is a perfect collateral layer but ETH might be bigger in market cap terms in 10 years for the reasons above. Money and collateral is just the base layer. Everything builds on top. The store of value is collateral, the trust layer and exchange of value is bigger.”

What collateral might are those mate?for Ethereum to become more valuable in terms of collateral than Bitcoin?

No it's not that simple and there are many stages to consider before this happens.

Specially looking at the market cap in which Bitcoin literally dominating at very Huge difference from ETH and any other currencies in existence .

Anything can happen in 10 years, its a very long timeframe to talk about things. Will eth replace btc? what if eth get replaced by other cryptocurrency before 10 years? someone had suggested earlier that dot could be eth replacement. so really, there is no way to know the future. It depends on many things that can happen in cryptocurrency.

I will consider this to have possibilities once ETH get even close to Half of Capital  than Bitcoin now,so there might be sign of this to come,but until now to be shown?i will take this as wild speculation.

[Sirait]

i dont think that any coin can surpass btc in near future.
btc is king, eth is second and xrp is third.
the other coin will race for top 10.

^ your opinion really makes more sense than the OP opinion. Bitcoin is the king of cryptocurrencies and will not be able to be overtaken by other cryptocurrencies including Ethereum. Ethereum and Bitcoin will continue to be where they are forever.