will Ethereum catch up to Bitcoin?

[Abiky]

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.

As long as Solana remains a victim of network outages, it will NEVER replace ETH in market cap. Even if developers improve the chain, it's already late to make a difference. Replacing Ethereum would be no different that replacing Bitcoin. And we all know that's impossible.

What will happen is that both Solana and Ethereum will grow in terms of mainstream adoption (usage) and market price. Bitcoin will always stay on top of Ethereum for obvious reasons. Who cares, right? As long as you're able to make money with either coin, nothing else matters.

[Webetcoins]

As long as Solana remains a victim of network outages, it will NEVER replace ETH in market cap. Even if developers improve the chain, it's already late to make a difference. Replacing Ethereum would be no different that replacing Bitcoin. And we all know that's impossible.

What will happen is that both Solana and Ethereum will grow in terms of mainstream adoption (usage) and market price. Bitcoin will always stay on top of Ethereum for obvious reasons. Who cares, right? As long as you're able to make money with either coin, nothing else matters.

That is the thing, once you install some sort of fear into the chain, like if people are fearing it, then there is no way to come back from that at all. I think it's quite obvious that we are going to end up with a result that will not be all that easy to handle and it will take a while.

This is why I think it's quite obvious that we are going to end up with a result that won't be all that same, it is going to take a while. In the end, we are talking about something that's once was just stuck, we have all seen it, unless you are a total noob here, SOL was something that couldn't handle the pressure, which means that we are going to see people doubt SOL for a long time. We can't always have something that will benefit everyone, it is going to be something that will take time and because of that we are going to face some issues as well.

The thing about the current situation is that SOL is doing fine because there are some hyped memes in there, but when that hype dies down, we are going to see SOL get right back to what it was and will not improve on it at all. Which is why I think it's important to have some results that will not be all that easy to make SOL go higher, the only place is down for it I am afraid.

[shinratensei_]

As long as Solana remains a victim of network outages, it will NEVER replace ETH in market cap. Even if developers improve the chain, it's already late to make a difference. Replacing Ethereum would be no different that replacing Bitcoin. And we all know that's impossible.

What will happen is that both Solana and Ethereum will grow in terms of mainstream adoption (usage) and market price. Bitcoin will always stay on top of Ethereum for obvious reasons. Who cares, right? As long as you're able to make money with either coin, nothing else matters.

Yeah solana is great and all but the entire economy too much revolving around meme coin that if at some point the meme trend is ended and the market runs dry of trading volume solana could also be abandoned.
not denying that there are plenty of great defi in solana too even as good as ETH but the most dominating defi in solana is the one that has something to do with meme coin.

even pumpdotfun is beating ETH in term of revenue alone, that is quite the feat because pumpdotfun is just a launchpad and ethereum is a whole blockchain even 2nd highest by market cap in term of rank but got beaten by some launchpads project, however i bet solana revenue also mostly come from pumpdotfun and any other meme related defi protocols which means too depending on meme trend. this could be a flaw.

[doomloop]

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.

The number above says it all. There is a lot of difference if we take a look at them. SOL seems to be high, that is because of its hype that it is getting right now but what about later on or when the hype dies down? For sure, its market cap can also plunge down, while ETH can maintain its numbers easily with or without a hype.

Coin market cap ranking won't be called like that or it won't have a ' rank ' word if a crypto can have the same market cap. So yeah, that there is no way both SOL and ETH can have that 600B or 300B market cap. Nothing permanent in this world and so as here in the crypto world. This is the reason why some coins have rank down, while the others have ranked up.

Even ETH had once fell down but it only backed up again after some time. It's been a long time since ETH haven't showed any movement in terms of its ranking and I think it will remain like this for a long time too. If let say a movement can finally occur, I think it will only go down because it also looks impossible for Bitcoin to be de-throned, though if let say it happens for real, I think that was very alarming on our side as a BTC supporter and It can mean that something really bad have happened with BTC.

[letteredhub]

. 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.

If I understand you right about what you're trying to imply, that a time would come when people or investors will prefer investing in ethereum rather than bitcoin and that will make ethereum price shoot above that of bitcoin.

Let say your speculation is possible; do you know how many years that is going to take and the lump of funds  to effect such a rise from a current ether $3k price to the $61k price of bitcoin right now which is still predicted to go $100k in the bullrun and if that happens ethereum price can at most go up not more than 6-7k optimistically.

And with the dependency of ether price to rise only in response to when bitcoin price rises it will only take the extinction of bitcoin to have ether price go pass bitcoin.

[betswift]

. 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.

If I understand you right about what you're trying to imply, that a time would come when people or investors will prefer investing in ethereum rather than bitcoin and that will make ethereum price shoot above that of bitcoin.

Let say your speculation is possible; do you know how many years that is going to take and the lump of funds  to effect such a rise from a current ether $3k price to the $61k price of bitcoin right now which is still predicted to go $100k in the bullrun and if that happens ethereum price can at most go up not more than 6-7k optimistically.

And with the dependency of ether price to rise only in response to when bitcoin price rises it will only take the extinction of bitcoin to have ether price go pass bitcoin.

It's an interesting scenario, sure, but it's just unlikely to happen. Impossible

[Aanuoluwatofunmi]

I expected that Ethereum had by now made a new all time high just as bitcoin made it some months back, the market is not going well as expected from the said coin because the its falling along with the bitcoin trend but not rising as the same trend even when the market gets to a new all time high for bitcoin, ethereum  though may be targeting on altcoins season, on situation whereby the majority altcoins will rise and form a new all time high.

[betswift]

I expected that Ethereum had by now made a new all time high just as bitcoin made it some months back, the market is not going well as expected from the said coin because the its falling along with the bitcoin trend but not rising as the same trend even when the market gets to a new all time high for bitcoin, ethereum  though may be targeting on altcoins season, on situation whereby the majority altcoins will rise and form a new all time high.

We shall see how this goes and grab the opportunity by its tail! Thanks for your thoughts. I too think we will see ETH pumping back where it was.

[btc78]

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.

actually it is not a metaphor but a impossible belief of desperate people that Ethereum in some time will beat bitcoin but lol that is a big joke, because there are lots of coins that is better than ethereum in which just sleeping there.

I expected that Ethereum had by now made a new all time high just as bitcoin made it some months back, the market is not going well as expected from the said coin because the its falling along with the bitcoin trend but not rising as the same trend even when the market gets to a new all time high for bitcoin, ethereum  though may be targeting on altcoins season, on situation whereby the majority altcoins will rise and form a new all time high.

We shall see how this goes and grab the opportunity by its tail! Thanks for your thoughts. I too think we will see ETH pumping back where it was.

But bitcoin will lead first before Ethereum and other coins .

[betswift]

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.

actually it is not a metaphor but a impossible belief of desperate people that Ethereum in some time will beat bitcoin but lol that is a big joke, because there are lots of coins that is better than ethereum in which just sleeping there.

I expected that Ethereum had by now made a new all time high just as bitcoin made it some months back, the market is not going well as expected from the said coin because the its falling along with the bitcoin trend but not rising as the same trend even when the market gets to a new all time high for bitcoin, ethereum  though may be targeting on altcoins season, on situation whereby the majority altcoins will rise and form a new all time high.

We shall see how this goes and grab the opportunity by its tail! Thanks for your thoughts. I too think we will see ETH pumping back where it was.

But bitcoin will lead first before Ethereum and other coins .

Can you name some of them, the "sleeper" coins, which, in your opinion, are worth the time to read and research about?

And, I agree, BTC will lead the race, and ETH will follow. It's a simple, yet bittersweet truth for some.

[el kaka22]

As we have seen from this fall, ETH fell a bit sharper, showing that ETH is not as strong as bitcoin during crashes and bear runs, usually going down more than bitcoin itself. That's the part which I think bitcoin protects itself, I think it's clear that we get to see this situation to be a bit more frantic whenever there is a fall and I understand why that feels like it is not a good thing, but that's fine, we could make it work during bull periods.

During bull periods ETH may go higher in % compared to Bitcoin, so that is why I feel like people end up thinking if it's possible to go above bitcoin and they are right to think that since during bull periods it does look like that for a while, like only if it continues to go up like that then it would be possible from what it seems.

But the reality is that even though it may even get close, whenever there is a situation like that, it ends up being not a serious situation and we end up with a result that is decided during the fall after that increase, because it falls even sharper. Bitcoin dominance is usually between 50 and 60, and it's still there, as long as we do not go under 40, we should be fine and I doubt it will ever go under 40.

[Abiky]

Yeah solana is great and all but the entire economy too much revolving around meme coin that if at some point the meme trend is ended and the market runs dry of trading volume solana could also be abandoned.
not denying that there are plenty of great defi in solana too even as good as ETH but the most dominating defi in solana is the one that has something to do with meme coin.

even pumpdotfun is beating ETH in term of revenue alone, that is quite the feat because pumpdotfun is just a launchpad and ethereum is a whole blockchain even 2nd highest by market cap in term of rank but got beaten by some launchpads project, however i bet solana revenue also mostly come from pumpdotfun and any other meme related defi protocols which means too depending on meme trend. this could be a flaw.

I guess Solana turned into a speculative Blockchain rather than an utilitarian one. I'm not surprised "meme" coins are flooding the chain. Especially when Solana has dirt-cheap fees and blazing-fast confirmation times. This encourages spamming on the network. Eventually, Solana will turn into a "garbage chain", while Ethereum will remain the top-quality chain in the Web3 world. The latter has the biggest ecosystem of dApps, tokens, and services that can't be beat. Not to mention, liquidity is among the highest of any smart contracts platform.

The smart money will choose ETH over SOL. And when we compare ETH vs BTC, the last one is the clear winner. Why focus on replacing the leading cryptocurrency? ETH can be a successful alternative of BTC. I think it will remain the second-largest cryptocurrency by market cap forever.

[betswift]

Yeah solana is great and all but the entire economy too much revolving around meme coin that if at some point the meme trend is ended and the market runs dry of trading volume solana could also be abandoned.
not denying that there are plenty of great defi in solana too even as good as ETH but the most dominating defi in solana is the one that has something to do with meme coin.

even pumpdotfun is beating ETH in term of revenue alone, that is quite the feat because pumpdotfun is just a launchpad and ethereum is a whole blockchain even 2nd highest by market cap in term of rank but got beaten by some launchpads project, however i bet solana revenue also mostly come from pumpdotfun and any other meme related defi protocols which means too depending on meme trend. this could be a flaw.

I guess Solana turned into a speculative Blockchain rather than an utilitarian one. I'm not surprised "meme" coins are flooding the chain. Especially when Solana has dirt-cheap fees and blazing-fast confirmation times. This encourages spamming on the network. Eventually, Solana will turn into a "garbage chain", while Ethereum will remain the top-quality chain in the Web3 world. The latter has the biggest ecosystem of dApps, tokens, and services that can't be beat. Not to mention, liquidity is among the highest of any smart contracts platform.

The smart money will choose ETH over SOL. And when we compare ETH vs BTC, the last one is the clear winner. Why focus on replacing the leading cryptocurrency? ETH can be a successful alternative of BTC. I think it will remain the second-largest cryptocurrency by market cap forever.

Great points! I do think about ETH this way, as a second road people can take instead of BTC. It's still rocky sometimes, but it's there. Memes are there, everywhere, but smart money chooses ambition and perspective rather than small-term investments. Snipers and shillers will prefer SOL for its worth and capable of, while others should and will try what's going on with ETH. There are many problems yet to be addressed and solved by Vitalik Buterin's team though, and it's interesting to see and read about what can be done with them in his blog.

[Wildwest]

This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.

[South Park]

This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.

Those waiting for ethereum to ever become the leader of this market will end up being really disappointed when this never happens, because despite ethereum having some nice innovations, the reality is that bitcoin is superior to it and it has the trust of the community, and as long as this is the case, ethereum will keep playing second fiddle to bitcoin, which is not that bad as we have seen many coins which have tried to challenge the position of ethereum over the years and they have failed.

[Odusko]

I expected that Ethereum had by now made a new all time high just as bitcoin made it some months back, the market is not going well as expected from the said coin because the its falling along with the bitcoin trend but not rising as the same trend even when the market gets to a new all time high for bitcoin, ethereum  though may be targeting on altcoins season, on situation whereby the majority altcoins will rise and form a new all time high.

We can't blame the Ethereum market in it entirity for what have being happening with the values of the coin in the market since ethereum follows the market footsteps of bitcoin and alot of other altcoins still depends on the Ethereum network for their own existence, all this out alot of burden on ethereum, and this limit the coin from achieving that all time high market when bitcoin did achieved that status somewhere in March this year's, but ethereum if all things being equal, has the right capacity to make it own independent all time high market.

I believe that is what most ethereum holders are expecting from the network right now, even though bitcoin is correcting downward, I expected Ethereum to push it way up in the market because that is what is most expected of ethereum at this moment.

[betswift]

This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.

Those waiting for ethereum to ever become the leader of this market will end up being really disappointed when this never happens, because despite ethereum having some nice innovations, the reality is that bitcoin is superior to it and it has the trust of the community, and as long as this is the case, ethereum will keep playing second fiddle to bitcoin, which is not that bad as we have seen many coins which have tried to challenge the position of ethereum over the years and they have failed.

I think the trust is there for ETH too, it's just that it wasn't the first to conquer it And, as you said, it's completely okay and it's still viable to see ETH as a coin to accumulate.

[Briankimp1]

This only makes good for an interesting argument other than that I don’t see how it’s even a discussion in the first place.

Talking about will Eth catch up to Bitcoin, We should be talking about ways Bitcoin has helped eth, the only reason why we know Eth is because of Bitcoin.

It’s actually laughable to some extent thinking about this question Eth should first try survive what Bitcoin has before thinking of surpassing.

[X-ray]

This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.

on top of that there's this one issue with ETH that it showing signs of TVL escaping the platform and moving to other like solana.
the solana blockchain also beats ETH in term of fee revenue in several occasion despite ETH seemed to be having higher gas price and overall higher transaction fee compared to ETH



might be this time around ETH will tank further.

[tygeade]

This is impossible to happen. Ethereum is still closely related to bitcoin, in any movement the value of ETH will not increase unless the price of bitcoin has gone through a good rate. During this time, halvings have occurred several times, do we see the price of Ethereum differing almost to the same as Bitcoin? So from there we can conclude that Ethereum is only the top altcoin after Bitcoin, while Bitcoin is still the mother of all existing altcoins.

on top of that there's this one issue with ETH that it showing signs of TVL escaping the platform and moving to other like solana.
the solana blockchain also beats ETH in term of fee revenue in several occasion despite ETH seemed to be having higher gas price and overall higher transaction fee compared to ETH



might be this time around ETH will tank further.

I would say that's something we could expect time to time, not because it would be good idea to invest into SOL, but because there are times when things are hyped and that's about it, not a shocking news. I feel like we are dealing with something that won't be dealt with all that much, we just have to deal with a better situation for the long term.

I believe that we are going to make a good return for this, it won't be an issue, and for that to mean something we are going to deal with a good profit when the time comes. ETH is of course better than SOL and that will stay as true for a long time, I also think that BTC is better than ETH but that will not change as well. So all in all, just respect the order of things that we have.