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Can Ethereum outperform Bitcoin in terms of market capitalization by 2022?
For what seems like an eternity, Ethereum and Bitcoin have fought for the top two slots in the crypto industry’s market cap rankings.
With fresh positive storylines for Ethereum developing, many are wondering if Ethereum might eventually overtake Bitcoin in market size and claim the number one slot.
Ethereum overtaking Bitcoin’s market value, often known as ‘The Flippening,’ would be a watershed moment in the cryptocurrency sector.
Coin Rivet examines whether Ethereum will be able to complete the transition by 2022 and what would need to happen to make it a reality.
Market capitalization metrics
According to Blockchaincenter statistics, the market capitalizations of Ethereum and Bitcoin are presently 51.9 percent of each other. When this hits 100%, they will have the same market capitalization.
This implies that Ethereum must nearly quadruple its existing market worth while taking into account additional price increases from Bitcoin.
According to supplementary statistics, Ethereum has already surpassed Bitcoin in two metrics: on-chain transactions and transaction fees produced.
