Ethereum has already exceeded Bitcoin in terms of node count, transaction count, and total transaction fees, according to data from Blockchain Center. However, Ethereum's market cap of $200 billion is still a long way off from Bitcoin's $1 trillion market cap.
Ethereum (ETH) could overtake Bitcoin (CRYPTO: BTC) to become the most valuable cryptocurrency, according to Ryan Watkins, an analyst at cryptocurrency research firm Messari.
Why It Matters: According to Watkins, Bitcoin's unique selling point as a "store of value" commodity is its very predictable monetary policy.
“I believe that the transition to Ethereum 2.0 and proof of stake, which is a new way of protecting the Ethereum blockchain...Ethereum may potentially be more stable than Bitcoin,” he said.
Undoubtedly, a new renewed opportunity presents itself in the cryptocurrency market with ETH 2.0. Do you guys think ETH 2.0 is going to overthrow bitcoin as the king of cryptos?
