Ethereum Poised to Ride Bitcoin's Coattails While Fending Off Rival Ethereum Killers
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Ethereum prices tend to follow Bitcoin's price trends over the long run, so the 2024 Bitcoin halving event should lift Ethereum as well.
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Ethereum is undergoing a multi-year technical upgrade to boost speed, security, simplicity, and scalability over time through changes like sharding and statelessness.
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Ethereum seeks to match rivals on speed while retaining its first-mover advantage in developer adoption and industry standards.
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The "Ethereum killers" have fast, advanced platforms but face an uphill battle against Ethereum's network effects and inertia.
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Ethereum seems well-positioned to stay dominant, though its rivals keep it on its toes and may someday land a game-changing breakthrough.