The largest altcoin, Ethereum (ETH), has still not surpassed its previous ATH, while Bitcoin (BTC) has broken records. At this point, while ETH has not met investors’ expectations, the optimistic atmosphere that has formed after the attack it has made in recent weeks continues.
At this point, speaking to Coinbase, Bizantine Capital co-founder March Zheng said that he is optimistic about Ethereum.
Because he argues that Ethereum could dominate the market as a first-layer blockchain thanks to its recent Pectra upgrade and consistently lower inflation rate than Bitcoin, which would push its price higher.
Zheng also stated that Ethereum has superior scalability compared to Solana, which will also contribute to the rise.
At this point, Zheng thinks that the upward trend in ETH continues and stated that Ethereum is reaching a turning point.
Zheng added that 2025 will be a very interesting year for Ethereum.
Despite the bullish market sentiment, Ethereum is unlikely to reach its all-time high before 2026, according to Polymarket bettors. Accordingly, there is only a 27% chance of a new ATH for ETH, which means that ETH is facing challenges.
*This is not investment advice.
