Ethereum.to.outperform.Bitcoin
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#Long-Term.Ethereum.Holders.Reach.Record.70%.in.Dec
1. Long-term Ethereum holders hit a record high of over 70% in December, per IntoTheBlock data.
2. These committed holders refrained from selling, contributing to Ethereum's new benchmark.
3. Ethereum now exceeds Bitcoin in the percentage held by long-term holders, with BTC slightly below the 70% mark.
4. HODLers, key in blockchain health, demonstrate confidence in Ethereum's long-term potential amid market volatility.
5. Despite Ethereum's 85% market cap growth in 2023 and positive developments, it slightly lagged behind other major assets.
6. Glassnode co-founders predict a bullish trajectory for Ethereum in 2024, setting targets at $2,500 to $2,700 due to market enthusiasm.
7. Ethereum's success might hinge on acceptance from traditional finance, given its eco-friendly image, according to Messari.
8. Messari CEO predicts rapid adoption of an Ethereum ETF, akin to Bitcoin's trend.
#ETH! #EthereumRally #Ethereum.to.outperform.Bitcoin
1. Long-term Ethereum holders hit a record high of over 70% in December, per IntoTheBlock data.
2. These committed holders refrained from selling, contributing to Ethereum's new benchmark.
3. Ethereum now exceeds Bitcoin in the percentage held by long-term holders, with BTC slightly below the 70% mark.
4. HODLers, key in blockchain health, demonstrate confidence in Ethereum's long-term potential amid market volatility.
5. Despite Ethereum's 85% market cap growth in 2023 and positive developments, it slightly lagged behind other major assets.
6. Glassnode co-founders predict a bullish trajectory for Ethereum in 2024, setting targets at $2,500 to $2,700 due to market enthusiasm.
7. Ethereum's success might hinge on acceptance from traditional finance, given its eco-friendly image, according to Messari.
8. Messari CEO predicts rapid adoption of an Ethereum ETF, akin to Bitcoin's trend.
#ETH! #EthereumRally #Ethereum.to.outperform.Bitcoin
What will happen first? 🚀
#Bitcoin : $70,000
#Ethereum.to.outperform.Bitcoin : $8,000
#BNBUsers : $1,000
#Solana: $500
#Chainlink: $80
#Polkadot: $80
#Matic: $5
#Cardano: $4
#XRP: $3
#Dogecoin: $1
#Vechain: $1
#Shib: $1
#Bitcoin : $70,000
#Ethereum.to.outperform.Bitcoin : $8,000
#BNBUsers : $1,000
#Solana: $500
#Chainlink: $80
#Polkadot: $80
#Matic: $5
#Cardano: $4
#XRP: $3
#Dogecoin: $1
#Vechain: $1
#Shib: $1
🚨 Solana🚀 (SOL), the "Ethereum Killer," records an incredible 300% growth vs ETH.
The Solana coin (SOL), which was once heralded as the "Ethereum killer" more than two years ago, has made a surprising comeback and strengthened its reputation by achieving an astounding 300% increase versus Ethereum (ETH) in the last few months.
A paradigm change has occurred in the cryptocurrency industry when SOL's value surged by an incredible 440%, reaching a peak of $118.3, a level not seen since April 2022.
The SOL/ETH price graph had an unheard-of rise at that time, hitting 0.051 ETH each Solana coin. Since December 2021, this rise has not been seen, and the tendency does not appear to be slowing down.
Interestingly, during Solana's explosive ascent, Ethereum was comparatively stable, giving rise to conjectures that Ethereum's supremacy may be ending.
Currently, the unanswered issue is if Solana can live up to its reputation as the "Ethereum killer" and set a new record high. ETH, however, has a difficult time catching up to the recent decline.
Given Solana's recent rise to popularity, industry watchers are wondering if the cryptocurrency space is seeing a default move toward the cutting-edge blockchain technology.
#sol #btcnew99 #Ethereum.to.outperform.Bitcoin #EthereumRally #ETH
The Solana coin (SOL), which was once heralded as the "Ethereum killer" more than two years ago, has made a surprising comeback and strengthened its reputation by achieving an astounding 300% increase versus Ethereum (ETH) in the last few months.
A paradigm change has occurred in the cryptocurrency industry when SOL's value surged by an incredible 440%, reaching a peak of $118.3, a level not seen since April 2022.
The SOL/ETH price graph had an unheard-of rise at that time, hitting 0.051 ETH each Solana coin. Since December 2021, this rise has not been seen, and the tendency does not appear to be slowing down.
Interestingly, during Solana's explosive ascent, Ethereum was comparatively stable, giving rise to conjectures that Ethereum's supremacy may be ending.
Currently, the unanswered issue is if Solana can live up to its reputation as the "Ethereum killer" and set a new record high. ETH, however, has a difficult time catching up to the recent decline.
Given Solana's recent rise to popularity, industry watchers are wondering if the cryptocurrency space is seeing a default move toward the cutting-edge blockchain technology.
#sol #btcnew99 #Ethereum.to.outperform.Bitcoin #EthereumRally #ETH
📉💰 Ethereum Faces Critical Threshold: Price Below $2,120 May Trigger Significant Decline 📉🔍
Ethereum finds itself at a crucial juncture as the price hovers near the $2,120 mark. Analysts suggest that a close below this level could potentially initiate a more substantial downturn for the cryptocurrency. 📉💡
🔑 Critical Support Level Identified 📊🔐
Market observers have pinpointed the $2,120 threshold as a crucial support level for Ethereum. A price close below this point may signal a shift in market sentiment, potentially paving the way for a more pronounced downward trend.
💼 Implications for Market Direction 💭📉
Should Ethereum fail to maintain support above $2,120, analysts anticipate a larger-scale decline. Such a move might trigger increased selling pressure, leading to a notable shift in the broader market sentiment towards the cryptocurrency.
📈 Importance of Technical Levels 📊🔍
In the volatile landscape of cryptocurrency, technical levels like the $2,120 mark often hold significance as they can dictate short-term market movements. Ethereum's ability to hold above or breach this level is closely monitored by traders and analysts.
📉 Potential Path Ahead 🛣️📉
The possibility of Ethereum facing a larger decline, contingent on a close below $2,120, remains a significant concern. It prompts a closer examination of the potential paths the cryptocurrency might take in the coming trading sessions.
As Ethereum treads near the critical support level of $2,120, the possibility of a larger-scale decline looms, raising questions about the short-term direction of the cryptocurrency. Analysts and traders closely monitor these pivotal levels to gauge potential market shifts. 🔍📉
#Ethereum.to.outperform.Bitcoin #Ethereum.Ripple
Ethereum finds itself at a crucial juncture as the price hovers near the $2,120 mark. Analysts suggest that a close below this level could potentially initiate a more substantial downturn for the cryptocurrency. 📉💡
🔑 Critical Support Level Identified 📊🔐
Market observers have pinpointed the $2,120 threshold as a crucial support level for Ethereum. A price close below this point may signal a shift in market sentiment, potentially paving the way for a more pronounced downward trend.
💼 Implications for Market Direction 💭📉
Should Ethereum fail to maintain support above $2,120, analysts anticipate a larger-scale decline. Such a move might trigger increased selling pressure, leading to a notable shift in the broader market sentiment towards the cryptocurrency.
📈 Importance of Technical Levels 📊🔍
In the volatile landscape of cryptocurrency, technical levels like the $2,120 mark often hold significance as they can dictate short-term market movements. Ethereum's ability to hold above or breach this level is closely monitored by traders and analysts.
📉 Potential Path Ahead 🛣️📉
The possibility of Ethereum facing a larger decline, contingent on a close below $2,120, remains a significant concern. It prompts a closer examination of the potential paths the cryptocurrency might take in the coming trading sessions.
As Ethereum treads near the critical support level of $2,120, the possibility of a larger-scale decline looms, raising questions about the short-term direction of the cryptocurrency. Analysts and traders closely monitor these pivotal levels to gauge potential market shifts. 🔍📉
#Ethereum.to.outperform.Bitcoin #Ethereum.Ripple
A famous digital currency will surpass #Bitcoin in 2024... and #Solana is leaping beyond the market🚀✅
_Along with their “cautious” outlook for the industry next year, JPMorgan (NYSE:JPM) expects #Ethereum.to.outperform.Bitcoin in 2024. Furthermore, they have announced their predictions though that the upcoming Bitcoin halving event will reduce the number of digital currencies in circulation. #JPMorgan highlighted “excessive optimism” as working against Bitcoin in the year ahead. Additionally, the organization's analysts note that the aforementioned halving event is "largely priced" according to the current value of the asset. Therefore, they do not expect huge gains over the next year.
JPMorgan Not Enthusiastic About Bitcoin's Future in 2024 Throughout most of 2022 and the early parts of the following year, Bitcoin faced many challenges. The entire industry suffered from a crypto winter that saw a host of concerns.
$BTC $ETH $SOL
#FollowUsNow To see more breaking news 🚀✅💵💯
_Along with their “cautious” outlook for the industry next year, JPMorgan (NYSE:JPM) expects #Ethereum.to.outperform.Bitcoin in 2024. Furthermore, they have announced their predictions though that the upcoming Bitcoin halving event will reduce the number of digital currencies in circulation. #JPMorgan highlighted “excessive optimism” as working against Bitcoin in the year ahead. Additionally, the organization's analysts note that the aforementioned halving event is "largely priced" according to the current value of the asset. Therefore, they do not expect huge gains over the next year.
JPMorgan Not Enthusiastic About Bitcoin's Future in 2024 Throughout most of 2022 and the early parts of the following year, Bitcoin faced many challenges. The entire industry suffered from a crypto winter that saw a host of concerns.
$BTC $ETH $SOL
#FollowUsNow To see more breaking news 🚀✅💵💯
Ethereum Gears Up for Data Storage Breakthrough with Dencun
Ethereum developers are accelerating testing for Dencun, a highly anticipated network upgrade set for 2024. It will introduce data storage capabilities and scale the blockchain through a process called “proto-danksharding.”The new functionality promises to reduce fees for layer 2 rollups—solutions built on top of Ethereum to improve transaction speeds and costs—and expand data capacity on the blockchain by enabling the storage of large “blobs” of data.Also read: Binance Coin Christmas Price Prediction: How High Can BNB Go?Ethereum targeting testnets firstIn a recent biweekly call, Ethereum developers discussed targeting January 17th for a test run of Dencun on Goerli, one of the network’s test networks used to trial changes in a low-risk environment.“Obviously if we find a major issue or something crazy before then, we can always cancel,” said Tim Beiko, protocol support lead at the Ethereum Foundation. “This would mean, ideally, we’re putting out the blog post for the fork sometime during the week of January 8th, so people have at least a week to update.”While originally slated for late 2023, complex engineering hurdles led developers to push back Dencun’s main network deployment to 2024. Test network launches represent major milestones on the road to a mainnet release.#Ethereum.to.outperform.Bitcoin #EthereumRally #ETHPriceRise In addition to the January 17th Goerli test, developers mapped out an aggressive Dencun testing timeline, with subsequent test runs planned on two other test networks, Sepolia and Holesky.Also read: US Government Finalizes Forfeiture of 69,370 Silk Road BitcoinIf testing progresses smoothly, they envision rolling out Dencun on the Ethereum mainnet around late February 2024. However, issues uncovered during testing could delay this schedule.Dencun will be the first major upgrade following Shapella, which allowed the withdrawal of staked ether funds to secure the newly proof-of-stake Ethereum network.While the development timeline remains fluid, the active testing regime underscores developers’ commitments to releasing functional upgrades that securely advance Ethereum’s capabilities.
Over the past week, Bitcoin fees have averaged $19 million compared to Ethereum's $14 million, a scenario not seen since 2017, according to Glassnode data.
#Bitcoin.and.Ethereum #BTC/Update #Ethereum.to.outperform.Bitcoin #CryptoStrategy2024 #CryptoNews🔒📰🚫
#Bitcoin.and.Ethereum #BTC/Update #Ethereum.to.outperform.Bitcoin #CryptoStrategy2024 #CryptoNews🔒📰🚫
#Ethereum.to.outperform.Bitcoin #ethusdt
JPMorgan is not saying that the price of Ethereum will appreciate. The analysts are "cautious" about crypto markets in 2024. They see Ethereum as one of the stronger tokens for 2024. While it may not go up in price, they still believe that it will perform better than other tokens, specifically Bitcoin.
JPMorgan is not saying that the price of Ethereum will appreciate. The analysts are "cautious" about crypto markets in 2024. They see Ethereum as one of the stronger tokens for 2024. While it may not go up in price, they still believe that it will perform better than other tokens, specifically Bitcoin.
Ethereum updated roadmap by Vitalik. Prominently impactful 2024 for enterprise adoptions on #ETH #Cryptocurrrency #etf . Take it to the next level. #Ethereum.to.outperform.Bitcoin
💰 ETH is pumping 📈#Ethereum.to.outperform.Bitcoin
#ETH!
💰 BTC is dumping 📉
#Bitcoin/USDT.
#BTC!💰
Just like Bullrun TOP :
BTC Tops first, followed by Ethereum a few days later.
#ETH!
💰 BTC is dumping 📉
#Bitcoin/USDT.
#BTC!💰
Just like Bullrun TOP :
BTC Tops first, followed by Ethereum a few days later.
