Gregory Klumov, CEO of stablecoin platform STASIS, EXANTE’s sister company, says that Ethereum is coming out of Bitcoin’s shadow and could outdo BTC’s growth this year – growing to $10-15k per ETH!

Q1 2021 hedge fund letters, conferences and more

Ethereum Will Outdo Bitcoin

"Ethereum hitting new record highs comes as a little surprise, considering that the cryptocurrency field has recovered fast after the last dip and the second-largest cryptocurrency seems like a viable asset for further investments.

"There is a chance it will hit $10k or even up to $15k in 2021, thus overcoming Bitcoin in terms of growth. In relative terms, BTC would need to hit $150-250k in order to outdo ETH’s growth and we don’t see this happening.

"Many investors have already started to switch gears and relocate to altcoins, unsure of Bitcoin's next market move. Moreover, the announcement that the European Investment Bank (EIB) may start selling digital bonds on the ETH blockchain also added fuel to the fire. Additionally, we believe that the institutional support will help Ethereum to climb unexpected heights, just like it did for BTC."

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