As the second largest cryptocurrency behind Bitcoin, Ethereum (ETH-USD) has cemented itself as the most correlated altcoin when compared to this crypto benchmark. When Bitcoin pumps, Ethereum almost always follows suit. Historically, Ethereum tends to see amplified gains relative to Bitcoin, delivering even higher returns for investors.

I believe Ethereum is poised to outperform Bitcoin in the next major crypto bull market rally. It still has a smaller market capitalization than Bitcoin, giving it much more upside potential in terms of its valuation multiple. Additionally, Ethereum has recently become deflationary due to its proof-of-stake consensus mechanism and token burning. The token’s current annualized deflation rate sits around 2%, meaning existing Ethereum tokens become more scarce over time. #Ethereum(ETH) #ETH/USD #ETHWhaleTransaction $ETH #Write2Earn $ETH