ChainCatcher message, Payal Shah, Director of Stock and Cryptocurrency Research and Product Development at CME Group, wrote that ETH's performance will surpass BTC this year.
The article states that Ethereum has risen about 53% in 2024, while Bitcoin has risen 113%; however, Ethereum's recent performance shows a positive outlook. Since the announcement of the U.S. election results, Ethereum has increased by 39%, surpassing Bitcoin's 35% increase, indicating that market optimism about President Donald Trump's anticipated pro-cryptocurrency policies has driven Ethereum's potential recovery. Additionally, other key factors driving this optimism include strong staking activity, stable transaction fees, and growing institutional interest, especially through ETFs.