Ethereum Set to Overtake Bitcoin in Market Cap, Report Says

Trend Research, a subsidiary of LD Capital, reports that institutional demand for Ethereum is surpassing supply, potentially allowing Ethereum to overtake Bitcoin in market capitalization in upcoming cycles.

With U.S. interest rates expected to drop and increasing institutional investment, Ethereum’s market dynamics could shift dramatically, heralding a new phase for the cryptocurrency market.

Ethereum Predicted to Outperform Bitcoin in Market Value

Trend Research, a secondary arm of LD Capital, has identified Ethereum’s institutional demand surpassing its unstaking supply. The firm, led by Jack Yi and Yi Lihua, has pointed to institutional flows and macroeconomic conditions as catalysts for future growth. A predicted boom in ETH demand forms part of their long-term outlook, especially in bullish cycles.

Institutional interest in Ethereum is underlined by U.S.-listed companies holding substantial volumes of ETH. Bitmine’s strategy to accumulate 5% of the total supply reinforces this sentiment, while unmet acquisition targets highlight ongoing opportunities. This heightened market activity supports the optimistic forecasts for Ethereum’s price and market position.

Community and industry reactions reflect potential changes in crypto market dynamics. Jack Yi, founder of LD Capital, expressed on social media that macro trends could drive Ethereum prices up to $5,000. This optimism echoes throughout the investor community, aligning with the report’s predictions.

Historical Trends and Current Ethereum Price Analysis

Did you know? In previous cycles, Ethereum showed growth spurts momentarily outpacing Bitcoin, notably in 2017 and 2021. These periods were marked by interest rate changes and policy shifts, similar to the current environment.

Ethereum (ETH) currently stands at $4,568.22 with a market cap of $551.42 billion, holding a quarterly price increase of 73.19%, as reported by CoinMarketCap. In the last 24 hours, trading volume reached $42.90 billion, experiencing a decline of -14.93%.

Trend Research forecasts ETH potentially reach a market cap rivaling Bitcoin’s due to monetary shifts and policy adaptations. This aligns with long-standing trends, where macroeconomic conditions have influenced asset valuations positively, suggesting considerable growth pathways for Ethereum.

“The implementation of the trade war and expectations for interest rate cuts will trigger a super bull market. According to the cycle rising law, after BTC rises, ETH will rise to a new high around 4800.” — Yi Lihua, Founder, LD Capital