Ethereum (ETH) is gaining more and more attention in the cryptocurrency market, and many analysts believe that it could surpass Bitcoin (BTC) as early as the first quarter of 2025.
So, despite a more modest performance in 2024, with ETH rising just 47%, experts point out that Ethereum is poised for a strong recovery and growth in the coming months.
In contrast, Bitcoin has performed robustly over the past year, with an impressive 120% increase, reaching a new six-figure all-time high in December.
However, while BTC has consolidated over the past two weeks, many analysts are betting that Ethereum will outperform in early 2025. “Ethereum typically sees a fair amount of action in Q1, even in previous years during bearish periods against Bitcoin,” analyst Daan Crypto Trades noted on Jan. 2.
Thus, according to him, Ethereum tends to register large movements during the first quarter, which can result in an altseason (altcoin season) driven by this recovery.