In the long run, analysts prompt Ethereum to compete for Bitcoin

Crypto market expert Nick Tomaino shares the potential of Ethereum to match Bitcoin as the most valuable cryptocurrency. Web3 commentator and founder confirmed by famous investment company 1 illuminates the capabilities of Ethereum, which provides a compelling case for why Altcoin can quickly match Bitcoin’s social and market conditions.
Blockchain use cases, user-neutral preference for Ethereum over Bitcoin – Analysts
According to Tomaino in his May 10 X post, Bitcoin can be described as the first decentralized currency or store of value created by the people for the people. Analysts explained that the value of assets rising to $2 trillion is based on this premise issued by the “grassroots spirit and belief” among users.
However, Tomaino believes that Bitcoin’s neutrality and decentralization are constantly changing due to the influx of institutional investors in recent years. 1 confirmed founder said:
Stores of value based on trust in mathematics rather than trust in people are changing the world, but BTC is now an institutional asset for large corporations and governments. An entity owns more than 2.5% of the entities.
Tomaino also criticized Bitcoin’s limitations in smart contract programmability, thus limiting the number of useful applications it can provide Populace.
Crypto analysts, on the other hand, describe Ethereum as a reliable neutral cryptocurrency and store of value without growing concentration in the hands of some investors. Tomaino also praised Ethereum’s extensive blockchain utilities as a developer platform that facilitates other applications including Stablecoins, decentralized finance, forecasting markets, and NFTs.
According to 1 confirmed founder, all new crypto use cases have made a huge contribution to the growth of this space over the past decade, based on the Ethereum blockchain.
Tomaino supports the continued growth of these use cases, which he believes will bring billions of dollars into the cryptocurrency space, increase the scarcity of ETH and strengthen its case as a store of value as a dominant and market attractive competitive Bitcoin.
Nick Tomaino added:
The biggest maker says there is only one reliable neutral, internet-local store of value. They were wrong.
There are many, but today there are only 2 viable options: BTC and ETH
ETH price forecast
At the time of writing, Ethereum has traded at $2,545 after earnings of 8.68% over the past few days. Altcoin has grown 64.19% over the past month, indicating that the decisive market for Eth Bulls has been captured.
Interestingly, OKX partner and popular crypto expert Ted Pillows support ETH to maintain this uptrend, after a rise from $1,400. Pillows predicts ETH will maintain an upward trajectory in Q3 2025 with a target of $4,000.
Featured images from Pexels, charts for TradingView

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