Ethereum will outperform Bitcoin and the price of ETH could rise to $10,000

Ethereum has the potential to outperform Bitcoin in the near future, especially with the prediction that the price of ETH could reach $10,000 by 2024. Key factors driving this potential include the ongoing improvement of the Ethereum network technology and the growing importance of DeFi (decentralized finance) and NFT (non-fungible tokens). Upcoming upgrades like EIP-4844 (Proto-Danksharding) are expected to significantly enhance network performance and transaction costs, thereby increasing the acceptance of ETH within the community.

Ethereum's historical performance shows robust growth, with a price increase rate of 90% year-to-date, along with a 271% return over the past three years. Compared to Bitcoin, Ethereum's potential for high gains indicates it is becoming a more attractive option for investors. Additionally, the increased adoption of Ethereum in enterprise applications and trading platforms also positively contributes to the price forecast.

However, investors should also be aware that the cryptocurrency market is highly volatile and any obstacles in the upgrade deployment process or regulatory changes could impact the value of ETH.