Ethereum

Analysts at venture capital firm 1Confirmation predict that the crypto industry will undergo major changes in the next five years. One of them is that ether will surpass bitcoin in terms of market capitalisation.

This bold expectation of experts is due to the approval of spot exchange-traded funds based on bitcoin and ether in the United States. Currently, all 12 bitcoin-ETFs manage assets worth more than $788bn, Ethereum-ETFs collectively hold almost $88bn.

Analysts at 1Confirmation predict that Ethereum's market capitalisation, which currently sits at $321 billion, will surpass bitcoin's $1.2 trillion by 2029.

Experts say that the leading altcoin's utility in decentralised applications and finance gives it a serious advantage over bitcoin, which is also referred to as ‘digital gold’. Ethereum's role in creating a decentralised internet will also attract the attention of major investors to the asset.