Ethereum 2022: Will Ether outpace BTC and hit $10000 in 2022?

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Ethereum 2022: Will Ether outpace BTC and hit $10000 in 2022?

If you are crypto passionate, it's obvious that Ethereum saw a massive increase in its value within a year. Thus it became a big crypto-player with the potential to overtake Bitcoin. Many people believe that the value of Ethereum would increase significantly and hope to see Ethereum hitting $10,000. Lately, price predictions for both Ethereum and Bitcoin in 2022 became a hot and trending topic. Investors are waiting patiently of seeing some action between these two players. Undoubtedly, crypto enthusiasts are in for a year full of action, emotions, and real earning opportunities. Everyone is waiting impatiently for the answer to whether Ethereum outpace Bitcoin in 2022?

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article avatarKrit Yoorit

Bussiness owner

What is your opinion on ETH flippeninng BTC in 2022?

According to CoinMarketCap Ethereum's 10-day average trading volume has more than doubled to 80% of Bitcoin since early 2021, as Bitcoin has seen more turbulence due to investor uncertainty over its volatility. Ethereum, or Ether, the second largest cryptocurrency in terms of market capitalization, saw $47 million in capital inflows, with a total inflow of $973 million, according to CoinShares data. Last week, after falling 41% last week. According to Coinbase, Ethereum's trading volume increased significantly in Q1 2021, with asset growth primarily driven by institutions. Ethereum is not only the second largest cryptocurrency on the market. It is also the second most popular cryptocurrency for trading. Ethereum's market cap previously peaked at $443 billion and dropped to $200,000 during the May decline. before recovering to $320 billion at this time. Bitcoin's annual return is 28%, while Ethereum's yearly return is 272%. However, Ethereum's price remains 37% below its all-time high of $4,383. An analyst at CoinShares, a Jersey-based digital asset investment firm. Wrote in a recent digital asset fund flow report, “Ethereum continues to have an influx of $33 million in investment products [over the past week], remains the altcoin of choice for investors.” Non-Bitcoin Alternatives) Mike McGlone, senior commodities strategist at Bloomberg, wrote in his latest report, “Both [Bitcoin and Ethereum] have good support. But the foundation and implementation of [Ethereum] is a stronger complement than [Bitcoin's] micro-value machine.” Now, there is some talk that Ethereum could topple Bitcoin in the future. It points out that Bitcoin will eventually lose its position as the number one cryptocurrency as other cryptocurrencies with greater technology and technological mobility become more popular among investors for which Ethereum has that potential. Tegan Kline, co-founder of blockchain software company Edge & Node, told Bloomberg that "[Ethereum] is likely to outpace Bitcoin in the future as Ethereum will prevail in innovation and developer interest." In addition to better technology, Ethereum will undergo major changes that will save 99.5% of its current energy consumption. Unlike Bitcoin, it is facing allegations that mining uses a huge amount of energy and causes global problems. hot As the world shifts towards more green economy and investment Green crypto technology like Ethereum is sure to attract more investors' attention.

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

I predict that by 2022 BTC could reach $100,000 and ETH price will only be around $10,000 and BTC will continue to lead the cryptocurrency market.

article avatarKarthikeyan Ramachandran

Business Analyst /Blockchain Enthusiast

What is your opinion on ETH flippeninng BTC in 2022?

ETH will not be able to flip BTC in 2022 especially in market cap though it has been able to flip in the number of transactions. The reason is the layer-1 Eth protocol is no longer desired for use in smart contract programming in general or defi in particular due to its very high fees. Most of them have been migrating to layer 2 solutions and other cheaper alternatives. Also, Ethereum 2 has been adding to a lot of uncertainty. So one can largely expect no big dapps will be starting in ethereum and ethereum might lose a lot of existing dapps to layer 2 solutions. The above reason will result in lesser demand for Ethereum compared to last year. In the meantime countries will start adopting Bitcoin as the reserve and many entrepreneurs such as Jack Dorsey and Elon Musk will be more interested in working on promoting Bitcoin than in Ethereum. Their recent tweets ridiculing web3 is an indirect indication that they are not all confident about web3 aka ethereum's ability . Also for countries adopting cryptocurrencies, Bitcoin, with a stable tech and architecture, will be a safer bet compared to "move fast, break fast" culture of Ethereum. So though ethereum might have a greater utility compared to Bitcoin it might not able to flip Bitcoin in 2022. Having said that ehtereum has a chance to flip Bitcoin in 2023 if it transitions to PoS completely in 2022 and is able to reduce the fees and increase tps as promised in Eth2 whitepaper. Also if Ethereum can appeal to sustainability advocates post PoS transition and can become a greener blockchain option than Bitcoin then definitely no one else can beat Ethereum for the next 20 years in market cap, transactions and volume as the community is so young and network effect is so solid.

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

Ethereum, if the Eth2 not getting implemented scenario will be moving between the range of $3000 - $6000, if PoS transition happens then can break the upper threshold of 6k. However, it depends on tps and fees post the transition. If fees are favourable then reverse migration of apps from layer 2 solution to Eth2 will happen which will push the prices higher. Bitcoin will see a growth in price from 50k - 85K depending upon the adoption of governments and how the efforts of Jack Dorsey in pushing the bitcoin to more mainstream. Definitely, 2023 will see if Bitcoin can support smart contracts and the impact of Taproot. If they provide favourable results the bitcoin price can move much higher to 100k. But till then we should keep our hopes bit lower.

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

ETH/BTC will be in the range of 0.06 - 0.1. Eth major utility was a fee for decentralised exchange as major decentralised exchanges have moved to layer 2 , we have to see other utilities where ETH can be used. Till then it may not breach the .1

article avatarLuca Raneri

Crypto Researcher | Crypto Trades & Investor

What is your opinion on ETH flippeninng BTC in 2022?

With the growing use-cases on the ETH Network, there is indeed a chance that ETH could flip BTC's market cap. Due to DeFi, NFT's, Metaverse etc. ETH has already surpassed BTC related to the amount of transaction happening on its network as well as the amount of fees spent to make a transaction (source: blockchaincenter.net/flippening). However, I think it is more likely that BTC will keep the first place in terms of market cap in 2022. There is still around 49% of a gap to be filled by ETH and it has to fight for its place against strong competitors.

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

According to mathematical models which use logarithmic regression, ETH could reach 8'000 USD and BTC 140'000 USD by the end of 2022. In my opinion, this depends however on the global market situation and requires a strong and sustainable outlook.

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

Currently, the BTC dominance sits at around 40.6%. We might see it decreasing to it's 2018 low at 35.4% which would give altcoins and ETH some air. But overall, I see the BTC dominance gaining strength for 2022. Therefore, I expect ETH/BTC ratio having a slower pace than 2021. It might move sideways between 0.07 and 0.10 with a chance of revisiting it's 2018 highs of 0.12.

article avatarAyomiposi Akinwale

Cryptocurrency and Forex trader, website developer and a student

What is your opinion on ETH flippeninng BTC in 2022?

I don't see it happening in 2022. Bitcoin still governs the cryptocurrency market and therefore governs Ethereum. If this would eventually happen, it'd take more than a year so it might not happen in 2022 and this is just the fundamental aspect. Moving to the technical aspect[Technical analysis], Ethereum hitting $10000 in 2022 doesn't seem likely. Price action indicates a rise in price but there'd be retest and consolidation so Ethereum hitting $10000 before the end of 2022 doesn't seem likely to me.

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

I'd predict a 0.1 Bitcoin per one Ethereum or highest 0.15 Bitcoin per one Ethereum. The use of Ethereum will increase in the coming year due to the presence of massive transactions occurring on it and if not that Ethereum indirectly affects Bitcoin, the ratio would be more than that.

article avatarChetan Singh

Crypto

What is your opinion on ETH flippeninng BTC in 2022?

Eth is most used layer 1 blockchain ever in crypto space. As recently in last 2 years gas fees growing high and high more then expectations. As promised eth.2 would solve this gas fees issue . Definitely we are seeing good competition with bitcoin in 2022 . Flipping over btc not possible earlier in next 2 years. But yea we are seeing $20k to $30k in 2022.

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

As nft and metaverse gaming industry growing fast , 2022 is about to be golden year for crypto industry specialy for eth ( if gas fees reduce quickly) . Btc never feel affected by these issues and moving fast to cross $100k in 2022 . If eth gas fees not solving we are seeing a good move $10k to $15k on current gas fees .

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

In last few years btc and eth ratio not move faster . It's stable like stable coin . And I'm not seeing bigger different in next year as 8 to 10 eth per btc .

article avatarMakhmud Nabiev

saller

What is your opinion on ETH flippeninng BTC in 2022?

this year, Ethereum almost reached $ 5 thousand. Many expected that the threshold of $ 5 thousand would be exceeded in November 2021 - but it did not work out. Analysts' expectations for Ethereum in 2022 are generally positive and range from $ 5 to $ 20 thousand.In my opinion, the threshold of $ 10 thousand will be overcome by the summer of 2022 and I do not exclude that at the end of 2022 we will see $ 15 thousand. The London hard fork generally fell short of expectations, both in terms of the price of the coin itself and the cost of fees - which remain too high, which in itself is a deterrent.

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

this year, Ethereum almost reached $ 5 thousand. Many expected that the threshold of $ 5 thousand would be exceeded in November 2021 - but it did not work out. my expectations for 2022 - the threshold of $ 10 thousand will be overcome by the summer of 2022 and I do not exclude that at the end of 2022 we will see $ 15 thousand. As for Bitcoin, I do not think that during 2022 it will surpass the $ 100 thousand mark. Although everything is possible, I do not think that this will happen. In addition to the situation in the global economy, there are many other crypto projects that may well draw off part of the capitalization for themselves. In a pair of Bitcoin and Ethereum in 2022, I will bet on the second.

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

I would assume in 2022 the ratio in the ETH / BTC pair is from 0.1 to 0.2 by the end of the year. The development of DEFI and smart contracts play in favor of Ethereum and I expect a price for it from $ 10 to $ 15 thousand. At the same time, I suppose that Bitcoin is in the corridor between $ 50-80 thousand in the same period.

article avatarZaynab Shah

Student

What is your opinion on ETH flippeninng BTC in 2022?

I think bitcoin has already been a crypto currency of the rich whereas ethereum is somewhat considerably less in less and fast in transactions speed also the metaverse and other aspects of Eth makes it stand out compared to btc

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

Ethereum would touch $10k probably in 2022 and btc would go max by $80k and i base it to the factors that what each coin has to offer besides the money value

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

0.05 per Eth for Btc because Eth is more than a crypto currency and trading volumes would make it go higher in value soon it allows you to mint NFT's and Erc20 tokens as well

article avatarIvan Fraixedes

Senior Software Engineer

What is your opinion on ETH flippeninng BTC in 2022?

I believe that Ether will outpace BTC because Ether is a framework/ecosystem. The main purpose of Ethereum is not to be just a cryptocurrency, it's a concept of a decentralized computer that offers many possibilities to build an economy on top. Cryptocurrencies are interesting to people because they can buy things or pay for services but if on top of them there is more than just a currency, I believe that it offers much more value to people. Nowadays we have on top of Ethereum DeFi, Web3 application, tokens that serve a utility, etc., and I think that people are realizing more and more about it that it will make Eth outpaces BTC during 2022.

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

For ETH I estimate it to be around $8000 and BTC to be around $65000. BTC will still be growing due to the high inflation that we are seeing in FIAT and ETH too but I predict that will grow more due to the echo system that Ethereum offers.

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

I predict that ETH/BTC ratio will be around 0.13 BTC because based on the prediction that I foresee for the value that ETH and BTC will be around in 2022. As mentioned in the previous answers, ETH is the crypto of Ethereum that offers an ecosystem for building an economy on top of it and not just a cryptocurrency for buying things or paying for services.

article avatarEdgar Martinez

Freelancer

What is your opinion on ETH flippeninng BTC in 2022?

Would be really interesting because the massive market that option in ETH Blockchain platform that's really important for global economy. I think the only problem that is not making happen just now is the high commission for transaction

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

Will close to 10,000 at the end of 2022, because the update of the network, the massive use of NFT environment and the adoption of this technology by many industries.

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

Would be close to 0.209, because decentralized and centralized market are commonly work with ETH Blockchain and the use of token and liquidity will make part between more close

article avatarJansugi Goguadze

Driver

What is your opinion on ETH flippeninng BTC in 2022?

Hello. There is a possibility that. Etherium will become $ 10,000. But it can not surpass Bitcoin. Bitcoin is the dominant one on which all Altcons depend, including Etherium. Large investors are more likely to buy Bitcoin than Etherium because Bitcoin has Mary potential. Especially on the damper. Etherium also has a big commission, although an updated E2 was released, but it is still enough to get even half the price of Bitcoin at the current exchange rate.

What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?

I think Bitcoin will go beyond $ 100,000 because the demand for it is huge, and it becomes very difficult to earn it every day. Also in the civil sector, shops are starting to buy products with Bitcoin, which increases its price. In addition, Bitcoin was recognized as the country's currency in El Salvador. Etherium maximum 10 000 I think so. Because for small investors it is less attractive because of its commission.

What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.

ETH/BTC 0.01 This is only the case if Bitcoin becomes 100000, otherwise Etherium has nothing to do with equating it to Bitcoin. It is true that many projects work on the Etherium network, but look at the potential of Bitcoin, its network, the demand for it and the projects that will make it clear why Etherium cannot be equated with Bitcoin. I generally think Etherium needs to change its attitude so that small investors can use it on a daily basis.

Summary

The perspective of Ethereum's outpace over Bitcoin might be not a distant thought anymore. The milestone which could make it possible will be Ethereum 2.0 upgrade. A surge in the adoption of Ethereum's blockchain may also boost the value of its coin to $10,000 or more. Ethereum currently holds the title for being the most widely used blockchain for smart contracts.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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