Is Ethereum (ETH) A Better Crypto Investment To Do Now?

While it is true that Bitcoin is the most important cryptocurrency in the entire space due to the magnitude of its market cap, investors need to note that there are other cryptocurrencies as well which have a significant effect on the market.

One of those is Ethereum (ETH). It is the world’s second biggest cryptocurrency by market cap and it has steadily garnered considerable attention from investors in recent times. It is easy to see why. The number of applications that now use the Ethereum blockchain has grown and there are now plenty of promising use cases as well.

While it is unlikely that Ethereum is going to move past Bitcoin in terms of market cap any time soon, it should be noted that in the past two quarter, it has been the most traded cryptocurrency as per data from Coinbase.

Ethereum has also become a significantly important platform for developers from all over the world and that is another factor that investors ought to keep in mind. Experts have suggested that Ethereum is now in a position from which it could grow by as much as 10 times by the time 2026 comes along. Hence, it might now be a good time to keep an eye on it.