The development of Ethereum 2.0 will be reflected in ETH’s price, causing it to outperform Bitcoin (BTC).
Against Bitcoin, Litecoin (LTC) is in a downtrend since 2019, but is now showing signs of a trend reversal.
Trader Michaël van de Poppe has released a new video arguing his thesis in favor of Ethereum over Bitcoin. While acknowledging that they are two distinct platforms with their own fundamentals and features, the trader believes that developments in Ethereum will be considerable.
This cryptocurrency is in a transition to a Proof-of-Stake based algorithm and van de Poppe believes investors have a great opportunity that they can leverage in the short term. The trader stated that scalability is Ethereum’s biggest problem.
In recent months, high congestion on the blockchain has pushed up fee pricing. Therefore, many users have migrated to cheaper platforms. The trader added that this has impacted ETH’s price:
Still, the platform that is being built on the most is Ethereu
