ETH market share could surpass BTC
Banking giant analyst Danny Galindo noted that ETH is already unlike other cryptocurrency assets, so it can be considered a different investment from bitcoin. It is Ethereum that boasts more economic activity than just a payment option or a means of savings, and here we can add the same sector of NFT and DApps. Ethereum's diverse applications will help it surpass the BTC market:
"Ethereum creates vast markets for decentralized applications, increasing its level of utility, so ETH's market share could surpass BTC."
In addition, the strategist believes that Ethereum integrates with markets from the traditional finance sector and the correlation of ETH with the stock market is almost 2 times higher than BTC.
