It has been analyzed that Ethereum (ETH) can surpass the value of Bitcoin (BTC) following a merge (PoS conversion).
According to Bloomberg on the 13th (local time), “After the merge, Ethereum will become more like a traditional financial asset that provides interest, such as bonds or certificates of deposit. Ethereum staking is like stocks that generate dividends. The staking interest is also currently regarding approx. It is expected to rise further to the level of 4%, which can attract hedge funds, asset management companies, and individual investors.”
“Ethereum might overtake Bitcoin sooner than expected,” said Jeff Dorman, Chief Investment Officer, Digital Assets Fund Manager, Arca. It becomes more robust. A network is ultimately worth as much as the number of people who use it and create value.”
Paul Veradittakit, Partner at Panther Capital Capital, said, “Staking Ethereum can derive more financial products. It can bring in a larger pool of capital from traditional finance,” he said.
Reporter Yeonwoo Jo Bloomingbit told_u_so@bloomingbit.io
