Ethereum

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<p>The post <a href="https://coinpedia.org/news/crypto-analyst-predicts-ethereum-dominance-to-surpass-20-by-year-end/">Ethereum vs. Bitcoin: Who Will Win the Dominance Race?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The <a href="https://markets.coinpedia.org/ethereum/" target="_blank" rel="noreferrer noopener">Ethereum</a> (ETH) network is attracting bullish sentiment, driven by clearer regulatory guidelines in the United States. Institutional investors are increasingly accumulating Ethereum, anticipating a significant price rally.</p> 
<p>Bitwise Asset Management recently disclosed in a revised S-1 registration that it has seeded its <a href="https://coinpedia.org/news/spot-ether-etfs-set-to-launch-expected-to-increase-volatility/" target="_blank" rel="noreferrer noopener">spot Ether ETF</a> with $2.5 million. This move highlights the growing confidence of institutional investors in Ethereum’s potential.</p> 
<p>On top of this, on-chain data shows that the supply of Ethereum on centralized exchanges has hit a multi-year low. This scarcity often indicates a potential price increase as fewer tokens are available for sale.</p> 
<h2 class="wp-block-heading" id="h-ethereum-s-web3-dominance-a-billion-dollar-ecosystem">Ethereum’s Web3 Dominance: A Billion-Dollar Ecosystem</h2> 
<p>The Ethereum network has grown into a major Web3 ecosystem, with over $62 billion in total value locked (TVL) and a stablecoins market cap exceeding $79 billion. </p> 
<p>Despite the rise of new layer-one chains like Solana (SOL), Cardano (ADA), and Toncoin (TON), Ethereum has maintained a market dominance of around 18 percent.</p> 
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   <p lang="en" dir="ltr">ETH.D is telling us that it has been in a rectangle accumulation pattern with some deviations, and is setting up for a massive breakout above the 20% mark in Q3/Q4. <a href="https://t.co/vd8XyZtLiD">https://t.co/vd8XyZtLiD</a> <a href="https://t.co/OGaU07qWd0">pic.twitter.com/OGaU07qWd0</a></p>— Wolf 
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f43a.png" alt="🐺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@IamCryptoWolf) <a href="https://twitter.com/IamCryptoWolf/status/1803348266936877192?ref_src=twsrc%5Etfw">June 19, 2024</a>
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<p>According to a well-known crypto analyst called Wolf (IamCryptoWolf) on the X platform, Ethereum’s market dominance could surpass 20 percent by the end of this year. This expected surge aligns with the next major altseason, where Ethereum’s position is set to strengthen despite the emergence of thousands of new digital assets, particularly meme coins.</p> 
<p><strong>Regulatory Clarity</strong></p> 
<p>While Ethereum has achieved significant regulatory clarity similar to Bitcoin in several jurisdictions, investor interest is also shifting toward small-cap altcoins. These undervalued assets are expected to grow significantly in the coming quarters.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-s-declining-dominance-a-trend-to-watch">Bitcoin’s Declining Dominance: A Trend to Watch</h2> 
<p>Bitcoin’s market dominance has been gradually declining, suggesting a similar trend could occur for Ethereum. <a href="https://coinpedia.org/news/analyst-reveals-why-nvidias-surge-is-a-bearish-call-for-bitcoin/" target="_blank" rel="noreferrer noopener">Bitcoin’s dominance</a> is nearing a major resistance level, which could lead to a reversal and impact Ethereum’s path.</p> 
<p>Ethereum’s future looks promising with increased institutional interest and strong on-chain fundamentals.</p> 
<p>Read Also: <a href="https://coinpedia.org/news/justin-sun-moves-35-million-to-binance-amid-curve-finance-crisis/" target="_blank" rel="noreferrer noopener">Justin Sun Moves $35 Million to Binance Amid Curve Finance Crisis</a></p> 
<p><strong>What are your thoughts on Ethereum’s future dominance? Will altcoins dethrone the king?</strong></p>

Ethereum vs. Bitcoin: Who Will Win the Dominance Race?

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