growth: Ethereum 2022: Will Ether outpace BTC and hit $10000 in 2022?
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.
What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.
I predict that next year the price of ETH/BTC will be $0.1 and this proportion is expected to remain constant. because with BTC has more charm ETH is truly the center of decentralization. No control like ETH
Karthikeyan RamachandranBusiness 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
Carlos SanzOperator
What is your opinion on ETH flippeninng BTC in 2022?
I really believe that Ethereum may surpass btc but not this year due to the crypto winter and also that the Ethereum Network still needs to improve. It may take 2 more years for this to happen.
What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?
For Ethereum, for the number of projects I see growth until reaching approximately 6500 or 7000 if the crypto winter does not stay for a long time, and for btc although I do not see potential, only as an investment style gold 3.0 I see it at approximately 90,000 in 2022
What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.
I think you can easily get to the 0.10 ratio for next year. For everything mentioned above. And as a cap I see it at 0.12 in 2022... No more
Ezra McGaineyComputer Hardware Specialist
What is your opinion on ETH flippeninng BTC in 2022?
I believe there is a 50% chance of it happening with the same percentage chance of it not happening. I believe that new government regulations is going to slow the growth of cryptocurrency which will lead to less crypto breakout prices this coming year.
What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?
My price prediction for Ethereum is around the $8,000 mark at the highest and bitcoin around $75,000. This is based on the growth rate for the past few years of these currencies coupled with the new regulations that might affect them.
What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.
Since ETH has a slightly faster growth rate than BTC, I would say the ratio would be lest say 0.15 BTC per ETH. However, this is only if they grow in 2022 at the rate that they did in 2021.
Giorgi TsukhishviliMarketer, Front-End Developer
What is your opinion on ETH flippeninng BTC in 2022?
In my opinion ETH has chance to perform far better in 2022, because of the ETH 2.0 update, now far more ETH is being burnt and it means supply of ETH will decrease over time while demand will be increasing. It will surely affect ETH positively and grow in price far better then BTC.
What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?
I think that ETH will hit at least 10000$ and BTC 100000$, BTC has already shown really high price and so did ETH, peoples knowledge about crypto is increasing and more and more people are involved in crypto trading. It is more likely that newcomers will choose BTC and ETH over other coins as they are far more famous and less risky to invest in.
What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.
I think it will hit at minimum 0.1, because ETH has implemented ETH 2.0 update and supply of ETH decreases. BTC market cap is already really big and ETH has some space to grow. To talk in terms of percent grow ETH for sure has more potential than BTC, lower the market cap easier price growth.
Deborah SundayStudent
What is your opinion on ETH flippeninng BTC in 2022?
Ethereum can hardly flip Bitcoin... Considering the it's biggest competitor, Solana, I see this as a major slow down to ethereum growth as ethereum has a lot of downside when choosing perfect blockchain. Ethereum will attract some more investors due to the launch of the fork ethereum 2.0. but will remain flippening Bitcoin is almost impossible in my opinion. I feel ethereum 2.0 needs to be live before it have good chances of flippening our dear bitcoin
What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?
$8,000- $10,000 for ethereum, and $110,000- 120,000 for Bitcoin. I see this to happen anytime in the bullish season in 2022. Investors bagging more soon
What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.
0.08-0.1. There growth has been almost se in the last few months, and I fill there are less new investors on ethereum, so old investors will just keep on bagging more
Deborah SundayStudent, Education
What is your opinion on ETH flippeninng BTC in 2022?
Once a green candle of up to 50℅ is noticed then, there is going to be a massive hype which can attract investors, and a massive growth in the market cap, which can out perform bitcoin
What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?
My Prediction for the ethereum: It can go as high as 9000$ or more in 2022 . The hype is going to be massive once the ethereum 2.0 launch is coming close. Bitcoin: as usual, I expect bitcoin to continue it's trend, by the end of 2022, we expect to have a new normal dip for bitcoin of about 80,000$ All this is due to the recent adoption of crypto currency by some countries recently....
What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.
There will no more change as it remains within the range of 0.1- 0.16 for one ethereum, because definitely ethereum will perform and outwork bitcoin.
Emmaunel OyeyemiEngineer
What is your opinion on ETH flippeninng BTC in 2022?
I believe that ETH will flip BTC In 2022 Due to the Ethereum advances blockchain upgrades for 2022. The Ethereum blockchain has been upgrading to Ethereum 2.0 throughout 2021, a project that will continue into 2022 which is to address problems having to do with scalability, high transactions fees and delay in transaction settlement. According to Miles Black in 2018 believes that eth would be preferred to Btc in the future due to the fact that " mining eth blocks takes 14 seconds per confirmation compared to Btc 10 minutes ". And with the Layer 2.0 in motion eth will further increase in preference to Btc in the nearest future meaning a more significant growth or increase awaits Eth in the nearest future.
What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?
My price for Eth is $10,500-$15,000 while for Btc is $120,000-130,000 Firstly Institutional interest in Ethereum continues to grow. Ethereum has attracted interest from institutional investors this year in line with the emergence of applications such as decentralised finance (DeFi) and non-fungible tokens (NFTs). Ethereum saw "minor" outflows totalling $17m last week, the first time following 6 weeks of inflows, although it reflects only 0.09% of AuM and is therefore likely not meaningful according to CoinShares. Investment bank JP Morgan is among institutions moving further into the cryptocurrency space. It gave away NFTs minted on Polygon, the Ethereum-based network, at its Crypto Economy Forum event, which have since been listed on the OpenSea NFT marketplace. Bank of America also recently created its first NFT, promoting its sponsorship of the Sibos conference. The usage of the coin would be of the higher use than Btc thereby it's demand will increase it market dominance over BTC which will invariably enhance it's increase in price. Secondly Ethereum price rebounds from sell-off ETH jumped to an all-time high of $4,859.50 on 10 November, with BTC spiking to its record high of $68,789.63 on the same date. But neither coin could sustain those gains, and the pace of decline accelerated in the remainder of November. The ether price fell to a low of $3,525.49 on 4 December but the price trend has since rebounded. As at 15 December 2021, ether was at $3,818. At that price the coin was down by 22% from the all-time high but had still gained more than 419% since the start of 2021. We can also see that Eth grew from $737.5 to $4867.4 while Btc grew from $28100.2 to $69020.3 thereby showing that eth grew more than btc did and with the Layer 2.0 been in motion the Eth is ready to grow further into $7000, $9000, $ 11000 by the end of 2022
shakes minskDeveloper
What is your opinion on ETH flippeninng BTC in 2022?
Ethereum has huge potentials and I see it doing a lot in the coming year. On whether it will flip Bitcoin, I can only say that in crypto, anything is possible.
What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?
Ethereum price will increase steadily all through the Year 2022 just as the whole crypto sector will experience a steady rise. $5,000 to $8,000 is my prediction for the price of ethereum
What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.
ETH/BTC ratio will remain almost stable as both will experience a similar growth movement. ETH BTC ratio will not shift much in the early part of the New Year but ETH may experience a sharp rise at some point to skew the ratio in favor of Ethereum
Hai Do SonFinancial invester
What is your opinion on ETH flippeninng BTC in 2022?
I think ETH now have a big chance to replace BTC in the future, but if ETH want to get 10.000$, it will need an cheaper way for the tranfer fee.
What is your price prediction for 2022 for ETH and what for BTC? On what do you base that?
ETH will get 5000$ in Feb, aferthat ETH get into 8000$ in the end of 2022. On the growth of the market now, there is a little slowly for ETH to get high price.
What is your prediction for ETH/BTC ratio? Currently its around 0.08 BTC per one ETH. Justify your answer.
This ratio seem to be fine, may be it change smaller beacause the Price of BTC maybe get 100.000 usd in 2022. I like ETH, but it need to reduce the price of tranfer fee.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.