Ethereum

2024

Bitcoin

<p>For the second time in the history of crypto, Ethereum (ETH) has surpassed Bitcoin (BTC) in the percentage of long-term holders. This crucial measure demonstrates the growing confidence of investors in the future of the Ethereum network. Let’s examine the reasons for this promising development.</p>
<h2 id="h-ethereum-holders-more-loyal-than-bitcoin-s">Ethereum Holders More Loyal Than Bitcoin’s</h2>
<p>This new <a href="https://www.cointribune.com/en/ethereum-an-undervalued-gem-at-2200/" target="_blank" rel="noopener noreferrer nofollow">dominance of Ethereum</a> confirms the trend observed in recent months of an increasing share of long-term holders, despite a sluggish market. According to <a href="https://u.today/ethereum-eth-surpassed-bitcoin-btc-for-second-time-ever?from=investing" target="_blank" rel="noopener noreferrer nofollow">U.Today</a>, investors continue to accumulate ether, convinced of Ethereum’s potential.</p>
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<p>Several factors are motivating this sustained interest. First, the rapid development of the network is promising. The migration to Proof-Of-Stake and the advent of layer 2 solutions strengthen confidence in the network’s ability to scale.</p>
<p>Furthermore, the Ethereum ecosystem continues to welcome innovative projects in DeFi, <a href="https://www.cointribune.com/nft-uniswap-lance-un-agregateur-de-marche/" target="_blank" rel="noopener noreferrer nofollow">NFTs</a>, and the metaverse, attracting new users. This virtuous dynamic encourages long-term investment.</p>
<p>Most importantly, many believe that Ethereum has not yet fully expressed its potential, unlike <a href="https://www.cointribune.com/en/?p=660439" target="_blank" rel="noopener noreferrer nofollow">mature Bitcoin</a>. While the latter kicked off 2024 with a bang, Ethereum is still lagging 50% below its record. A clear opportunity for some patient investors, convinced of massive long-term gains.</p>
<p>These enticing long-term prospects are motivating an increasing number of holders to keep their tokens for several years.</p> 
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<h2 id="h-risks-to-watch-for">Risks to Watch For</h2>
<p>Although it is generally good news for Ethereum, this growing loyalty also presents a short-term risk. Indeed, a larger portion of the ETH supply being locked up for the very long term can reduce the available liquidity and negatively affect price dynamics.</p>
<p>For now, this doesn’t seem to be a problem as sentiment remains positive for <a href="https://www.cointribune.com/en/ethereum-defies-predictions-100-in-2023/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a>. However, this potential excess must be monitored in the future.</p>

Ethereum Once Again Dominates Bitcoin: Holder Confidence at Its Peak!

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