will Ethereum catch up to Bitcoin?

[Abiky]

the network congestion thing will probably get solved, i heard there's already solution for it and currently on testing in solana.

couldn't agree more with your last statement, ethereum is stagnating in term of technology, too much depending on its L2 and rollups to solve scalability while the main blockchain just stays the same.

ETH need to speed up the blockchain and solve scalability issue in the main blockchain if it wants to retain its position as the number 2 biggest crypto, otherwise solana will be a big contender that will slowly taking market cap of ETH little by little.

ETH developers are sluggish enough not to solve on-chain scalability issues on time. Instead, they're forcing users to move to centralized L2 networks. While I don't think Solana will surpass Ethereum's market cap in the future, it will grow larger because of its higher TX capacity and cost-effectiveness. At its current state, ETH gas fees are more expensive than Bitcoin's network fees. There are some smart contracts taking up a lot of network resources on Ethereum.

The idea of PoS + Sharding making ETH faster and cheaper to use is long gone. Everything is the same as it was when ETH was just a plain PoW blockchain (it's even worse now). Why would ETH catch up to BTC? No one can beat the "King". Hopefully, ETH developers address on-chain scaling issues before it's too late.

[South Park]

In crypto, the same metaphor is bitcoin (BTC) against ether (ETH). Since the crypto winter ended, bitcoin has outperformed. crypto over ether because historically it goes further and longer than bitcoin in the near future but until now it has underperformed.

If you wanted to explain it, you might suggest that ether developers are constantly tinkering with the blockchain, regularly injecting their new ideas into the system, which may or may not solve the blockchain problems they want to fix and that tinkering decreases the value of ether because inject uncertainty. A group of geniuses tinkering with the crypto financial system, in some ways exactly what governments do with fiat and the reason why those who hate fiat and love crypto want to get out of fiat. So Ethereum developers acting like a central bank might just hinder its valuation. “Code as law” isn't very convincing when some young, faceless programmer can act like Judge Dredd with your bag of crypto.
Bitcoin -1.2%, on the other hand, there is almost no such interference and no system flipping every time some developer thinks something is wrong with it. The idea of ​​decentralization is still strong in bitcoin and changing the system is incredibly difficult and the structure is hardly decentralized. bitcoin marches on, seemingly impenetrable to much human influence.

If bitcoin experiences its much-anticipated bull run, then ether will go up with it and very likely catch up to bitcoin in percentage terms and possibly keep going, as happened during the last crypto bull run in 2021. An ether investor who is “all in” would also advise that ether will displace bitcoin in the future, and if bitcoin reaches over $100,000, that could mean $25,000 per token for ether.

You are wrong, take a look at the price of ethereum in terms of bitcoin and you will see the truth, ethereum has been underperforming bitcoin since June of 2017 and right now ethereum is 66% down since its all time high, what does this mean? That if you invested in ethereum then at best you still hold the same amount of bitcoin, but if you invested at one of the points in which ethereum was that expensive then you lost money, as if you had invested your money in bitcoin instead you could have doubled or even tripled your money.

[web3Knight]

I don't think so

[betswift]

the network congestion thing will probably get solved, i heard there's already solution for it and currently on testing in solana.

couldn't agree more with your last statement, ethereum is stagnating in term of technology, too much depending on its L2 and rollups to solve scalability while the main blockchain just stays the same.

ETH need to speed up the blockchain and solve scalability issue in the main blockchain if it wants to retain its position as the number 2 biggest crypto, otherwise solana will be a big contender that will slowly taking market cap of ETH little by little.

ETH developers are sluggish enough not to solve on-chain scalability issues on time. Instead, they're forcing users to move to centralized L2 networks. While I don't think Solana will surpass Ethereum's market cap in the future, it will grow larger because of its higher TX capacity and cost-effectiveness. At its current state, ETH gas fees are more expensive than Bitcoin's network fees. There are some smart contracts taking up a lot of network resources on Ethereum.

The idea of PoS + Sharding making ETH faster and cheaper to use is long gone. Everything is the same as it was when ETH was just a plain PoW blockchain (it's even worse now). Why would ETH catch up to BTC? No one can beat the "King". Hopefully, ETH developers address on-chain scaling issues before it's too late.

Vitalik Buterin in his blogs talks quite a lot about what can and would probably be done in the future (and about L2 being the cultural extensions of ETH, so to speak): liquid staking, solo staking, better requirements for nodes, better diversification of power between node builders. But I didn't see anything about the price of the transactions itself

[bitterguy28]

catch up in what term?

if what you mean is Ethereum will even break bitcoin price and capitalization then I think will never come .

Bitcoin is bitcoin , and ethereum will be always ethereum (the second coin)

[betswift]

catch up in what term?

if what you mean is Ethereum will even break bitcoin price and capitalization then I think will never come .

Bitcoin is bitcoin , and ethereum will be always ethereum (the second coin)

The Bitcoin would be the king, and the Ethereum would be the crown

[Abiky]

catch up in what term?

if what you mean is Ethereum will even break bitcoin price and capitalization then I think will never come .

Bitcoin is bitcoin , and ethereum will be always ethereum (the second coin)

Exactly. By "second coin", do you mean ETH will always be inferior to BTC? It's a "shitcoin" anyways. Growing centralization within the network, inflationary supply, and low transaction capacity, makes ETH a terrible cryptocurrency. Developers are now pushing the masses to switch to L2 networks for cheaper fees and faster settlement times. They won't bother improving on-chain scaling, because it's not in their best interests to do so. L2s will ultimately reach a threshold, as they depend heavily on L1.

That's why ETH is and will always be the #2 cryptocurrency in market cap. Who cares, right? As long "hodlers" are able to make money, nothing else matters.

[bangjoe]

yes if we involve Solana in the discussion and compare with Ethereum of course Solana is much better, and today it is more widely used, and yes some congestion problems on the solana network just need to be fixed and fixed that I think ETH will be overtaken by SOL rather than ETH catching up with BTC, even though ETH is considered a bluechip in the crypto market but indeed the technology has begun to be disrupted by much better competitors.

True, currently Solana (SOL) has about $83B and Ethereum (ETH) has almost $400B, although almost 5x multiples, but it makes more sense that Solana will catch up to Ethereum than Ethereum chasing Bitcoin (BTC) which has a lower multiplier from the MC side.

From the marketcap it is more likely for SOL to chase ETH, rather than ETH chasing BTC's marketcap, but apart from that some people trust BTC more as a place where they keep their money than ETH in the crypto market, because it is like the ultimate goal of the investment journey in altcoins.

I've heard some great people in this industry, they play and invest in altcoins then when they have made a big profit from altcoins they will save it in bitcoin and that's how they survive the bad hall and full of altcoin risks, therefore bitcoin will never be passed by any coin, except in the previous few cycles it was beaten by XRP in terms of marketcap.

[passwordnow]

An ether investor who is “all in” would also advise that ether will displace bitcoin in the future, and if bitcoin reaches over $100,000, that could mean $25,000 per token for ether.

There is the reason why that ether enthusiasts has something to pull with that thought. But are we sure that's going to be the equivalent to Ethereum if Bitcoin reaches $100k? I am holding Ethereum but I don't think that it will be like that if ever Bitcoin reaches $100k. Most likely around $7k-$10k will be ideal with this cycle for Ethereum. Every time that we enter the bull run, top cryptos like Bitcoin and Ethereum have got possibility of moving upwards from 2x-5x.

And as for Ethereum, with the current price of it, $20k could be the highest but I don't think that will be the top for this cycle. I'm not speaking as if I am an expert but this is my opinion on what I think of these two great cryptos that we've got in the market. While the ranking of these two has been where all eyes are. Catching up Bitcoin has always been the case for most cryptos but it shouldn't be anymore to ETH as it stands on its own throne as likely the leader of the altcoins whilst Bitcoin, the leader of the entire crypto market.

At the end of the day, it won't change the fact that whether someone is a Bitcoin maximalists or Ethereum maximalists, everyone is eyeing to own Bitcoin and most of the profits made from different altcoins have always been flowing to Bitcoin. However, with ETFs and such, ETH has also it and has got significant market share already.

[beerlover]

yes if we involve Solana in the discussion and compare with Ethereum of course Solana is much better, and today it is more widely used, and yes some congestion problems on the solana network just need to be fixed and fixed that I think ETH will be overtaken by SOL rather than ETH catching up with BTC, even though ETH is considered a bluechip in the crypto market but indeed the technology has begun to be disrupted by much better competitors.

True, currently Solana (SOL) has about $83B and Ethereum (ETH) has almost $400B, although almost 5x multiples, but it makes more sense that Solana will catch up to Ethereum than Ethereum chasing Bitcoin (BTC) which has a lower multiplier from the MC side.

I feel like SOL itself can't catch ETH to be fair, but I do agree that ETH could drop down if anything happens. That means, I do not think that they will both be 600B one day together, like SOL would be growing faster and catch up, that kind of stuff will not happen.

What could happen would be both could reach 300B together, meaning ETH would go down, and SOL would continue to go up like the market. SOL was like 4th or something last I checked, so its a highly enjoyed coin, but we have seen plenty of them there before. I mean XRP was there, even BCH was there, we have seen ADA be third too, none of them stick and they all go down after a while, some very down, some little down, but they fail at it. SOL seems like one of them, could be like 8th in 3 years, and I wouldn't be shocked.

What I believe is that if its ever going to happen, like not just with SOL but if any other coin ever going to go above ETH, then in that case it wouldn't be just that coin going up, it would also be ETH not going up or even going down, that would make that thing possible. This is why I think its quite obvious that we are talking about something that will take a while, we need to be certain about it.

[Vod]

be probably once bitcoin hits 100k, then we're probably seeing each ethereum worth around 6k - 7k.

Once Bitcoin hits 10K, I also think Ethereum will be 6k - 7k.    Eth has everything btc has plus smart contracts.   

Imagine a world without checks or banking accounts - cash only.    That is the advantage a system like eth has over an asset like btc - you can use it without manual intervention. 

[betswift]

yes if we involve Solana in the discussion and compare with Ethereum of course Solana is much better, and today it is more widely used, and yes some congestion problems on the solana network just need to be fixed and fixed that I think ETH will be overtaken by SOL rather than ETH catching up with BTC, even though ETH is considered a bluechip in the crypto market but indeed the technology has begun to be disrupted by much better competitors.

True, currently Solana (SOL) has about $83B and Ethereum (ETH) has almost $400B, although almost 5x multiples, but it makes more sense that Solana will catch up to Ethereum than Ethereum chasing Bitcoin (BTC) which has a lower multiplier from the MC side.

I feel like SOL itself can't catch ETH to be fair, but I do agree that ETH could drop down if anything happens. That means, I do not think that they will both be 600B one day together, like SOL would be growing faster and catch up, that kind of stuff will not happen.

What could happen would be both could reach 300B together, meaning ETH would go down, and SOL would continue to go up like the market. SOL was like 4th or something last I checked, so its a highly enjoyed coin, but we have seen plenty of them there before. I mean XRP was there, even BCH was there, we have seen ADA be third too, none of them stick and they all go down after a while, some very down, some little down, but they fail at it. SOL seems like one of them, could be like 8th in 3 years, and I wouldn't be shocked.

What I believe is that if its ever going to happen, like not just with SOL but if any other coin ever going to go above ETH, then in that case it wouldn't be just that coin going up, it would also be ETH not going up or even going down, that would make that thing possible. This is why I think its quite obvious that we are talking about something that will take a while, we need to be certain about it.

Yeah, even if there would be contenders so to speak, I too don't think they will be there for a while. ETH should be working on the things that would innovate it a bit and stop going for L2 rollups as the main way of resolving its own problems that could be slowly upgraded and gotten rid of.

[rodskee]

In terms of supply, Ethereum has unlimited supply.
In terms of security, Ethereum has inferior security compared to Bitcoin.
In terms of popularity, Bitcoin is known more than Ethereum.
In terms of price stability, Bitcoin is more stable, and Ethereum gained and lost almost 42% of its value in 3 months.

You shouldn't believe anyone who claims any crypto coin will surpass Bitcoin or even catch up to it in any field, whether it's an altcoin, meme coin, or shitcoin. The only coin that has surpassed Bitcoin is Monero, and only in security.

So no, I don't think Ethereum will ever catch up to Bitcoin.

exactly the point , that is what  i believe the complete terms to use , on how to explain how and what is the comparison of bitcoin and ethreum , I am for Bitcoin always and surpassing by ethereum? lol that is almost impossible to happen .

no coins that will surpass bitcoin or else the whole crypto market dumped .

[betswift]

In terms of supply, Ethereum has unlimited supply.
In terms of security, Ethereum has inferior security compared to Bitcoin.
In terms of popularity, Bitcoin is known more than Ethereum.
In terms of price stability, Bitcoin is more stable, and Ethereum gained and lost almost 42% of its value in 3 months.

You shouldn't believe anyone who claims any crypto coin will surpass Bitcoin or even catch up to it in any field, whether it's an altcoin, meme coin, or shitcoin. The only coin that has surpassed Bitcoin is Monero, and only in security.

So no, I don't think Ethereum will ever catch up to Bitcoin.

exactly the point , that is what  i believe the complete terms to use , on how to explain how and what is the comparison of bitcoin and ethreum , I am for Bitcoin always and surpassing by ethereum? lol that is almost impossible to happen .

no coins that will surpass bitcoin or else the whole crypto market dumped .

It's also the question of what surpassing means (which I think was discussed previously), but, in any case, in general terms, I think we can all agree that Bitcoin will be the bigger brother of ETH. Sure, Ethereum can give Bitcoin a run for its money in some aspects, but if looking by sheer force behind the two the winner is non-negotiable.

[AlphaBoy]

no coins that will surpass bitcoin or else the whole crypto market dumped .

On the spot, a lot of coins are heavily backed by Bitcoin reserves, some up to 30%. That's why when Bitcoin gets dumped, it affects the entire market. Bitcoin is almost like the crypto NASDAQ in terms of indication and digital gold in terms of value, And not a single fiat will ever pass gold in value because it's backed by it, not the other way around.

It's also the question of what surpassing means (which I think was discussed previously), but, in any case, in general terms, I think we can all agree that Bitcoin will be the bigger brother of ETH. Sure, Ethereum can give Bitcoin a run for its money in some aspects, but if looking by sheer force behind the two the winner is non-negotiable.

Those are the top 4 failed attempts where a coin had its value. If ETH passed Bitcoin in one of these, then it might pass Bitcoin, but it won't. ETH is much easier to be manipulated since it has an infinite amount to be mined; that's why it gained and lost 42% in 3 months, unlike Bitcoin where mining is completely different. Even though Bitcoin has limited value, the last Bitcoin will be mined in 2140, and the halving has created a protection that made the manipulation harder.

[betswift]

no coins that will surpass bitcoin or else the whole crypto market dumped .

On the spot, a lot of coins are heavily backed by Bitcoin reserves, some up to 30%. That's why when Bitcoin gets dumped, it affects the entire market. Bitcoin is almost like the crypto NASDAQ in terms of indication and digital gold in terms of value, And not a single fiat will ever pass gold in value because it's backed by it, not the other way around.

It's also the question of what surpassing means (which I think was discussed previously), but, in any case, in general terms, I think we can all agree that Bitcoin will be the bigger brother of ETH. Sure, Ethereum can give Bitcoin a run for its money in some aspects, but if looking by sheer force behind the two the winner is non-negotiable.

Those are the top 4 failed attempts where a coin had its value. If ETH passed Bitcoin in one of these, then it might pass Bitcoin, but it won't. ETH is much easier to be manipulated since it has an infinite amount to be mined; that's why it gained and lost 42% in 3 months, unlike Bitcoin where mining is completely different. Even though Bitcoin has limited value, the last Bitcoin will be mined in 2140, and the halving has created a protection that made the manipulation harder.

Would it though? With the halving process, there wouldn't be the - last - one per se. The amount mined would become ridiculously small, but it still would be there.

[bangjoe]

yes if we involve Solana in the discussion and compare with Ethereum of course Solana is much better, and today it is more widely used, and yes some congestion problems on the solana network just need to be fixed and fixed that I think ETH will be overtaken by SOL rather than ETH catching up with BTC, even though ETH is considered a bluechip in the crypto market but indeed the technology has begun to be disrupted by much better competitors.

True, currently Solana (SOL) has about $83B and Ethereum (ETH) has almost $400B, although almost 5x multiples, but it makes more sense that Solana will catch up to Ethereum than Ethereum chasing Bitcoin (BTC) which has a lower multiplier from the MC side.

I feel like SOL itself can't catch ETH to be fair, but I do agree that ETH could drop down if anything happens. That means, I do not think that they will both be 600B one day together, like SOL would be growing faster and catch up, that kind of stuff will not happen.

What could happen would be both could reach 300B together, meaning ETH would go down, and SOL would continue to go up like the market. SOL was like 4th or something last I checked, so its a highly enjoyed coin, but we have seen plenty of them there before. I mean XRP was there, even BCH was there, we have seen ADA be third too, none of them stick and they all go down after a while, some very down, some little down, but they fail at it. SOL seems like one of them, could be like 8th in 3 years, and I wouldn't be shocked.

What I believe is that if its ever going to happen, like not just with SOL but if any other coin ever going to go above ETH, then in that case it wouldn't be just that coin going up, it would also be ETH not going up or even going down, that would make that thing possible. This is why I think its quite obvious that we are talking about something that will take a while, we need to be certain about it.

This will probably talk about altcoin market competition, but as we see that crypto adoption is still small and will most likely continue to grow over time, some Altcoins are defeated because their development is too slow and their development is too stagnant, so for example on ETH and SOL do not have developments according to market needs, it will be very likely to be defeated by other competitors who have better technological developments according to market needs at that time.

Whether ETH goes down or what, but the probability is already visible, the possibility is already visible with the development of the network and the effectiveness and efficiency of a network, we only need to see how they develop, and who is better will definitely have the possibility of overtaking one another.

[bitgolden]

There isn't an answer I can give about this because I do not know what this would mean, it is going to be quite tough to make a decision on these type of things. I agree with "hold both" type of mindset because that's good for people like me, I have no idea how that looks for now and I think it would be quite similar for the future as well, I will never know if this will happen or not. That is why I think holding both of them makes it easier.

ETH going above BTC seems like unlikely for the time being, I mean at least for a while longer, but in the very distant future that type of thing could maybe happen. What I know for the time being is that we are looking at something that will take a while, but will not be that easy to handle that easily at all, will be very difficult.

At the end of the day, we are talking about something that will be quite entertaining, and if it happens then we are going to have a market that will be looking very chaotic because it would be the very first time a coin passed above it. I have to say, it will be near impossible though, like very very difficult for that to happen so if it ever happens that means the market will be in big turmoil and people won't know how to react.

[justdimin]

catch up in what term?

if what you mean is Ethereum will even break bitcoin price and capitalization then I think will never come .

Bitcoin is bitcoin , and ethereum will be always ethereum (the second coin)

I agree. Some people tend to compare altcoins with Bitcoin and I feel amused when I see that. They need to understand that Bitcoin is the primary focus of the whole market, it leads the market whether it is going up or down, the whole market follows its footprints, and people think altcoins can cross it. It's not possible unless something extremely tragic happens and all users of Bitcoin stop using it and start using alternative coins, but before that, it's not going to happen.

There is one thing we can discuss for sure, and it is the growth percentage. I know that there can be altcoins that might have a higher growth percentage than Bitcoin because Bitcoin's price is very high and altcoins having relatively lower prices, they can grow more in percentage than Bitcoin, but other than that, they can't compete with it.

[betswift]

catch up in what term?

if what you mean is Ethereum will even break bitcoin price and capitalization then I think will never come .

Bitcoin is bitcoin , and ethereum will be always ethereum (the second coin)

I agree. Some people tend to compare altcoins with Bitcoin and I feel amused when I see that. They need to understand that Bitcoin is the primary focus of the whole market, it leads the market whether it is going up or down, the whole market follows its footprints, and people think altcoins can cross it. It's not possible unless something extremely tragic happens and all users of Bitcoin stop using it and start using alternative coins, but before that, it's not going to happen.

There is one thing we can discuss for sure, and it is the growth percentage. I know that there can be altcoins that might have a higher growth percentage than Bitcoin because Bitcoin's price is very high and altcoins having relatively lower prices, they can grow more in percentage than Bitcoin, but other than that, they can't compete with it.

Saying that people would stop using Bitcoin is like saying that people would stop drinking water when they want to I agree!