Will Ethereum Be a Trillion-Dollar Cryptocurrency by 2024?
Ethereum, as the world's second-biggest cryptocurrency behind Bitcoin, already is a billion-dollar player. This cryptocurrency and blockchain is a market leader, attracting developers and users to its platform -- and investors to buy and stake coins.
But the past year hasn't been easy for cryptocurrency in general. The market's value tumbled last year. Amid economic woes, people turned away from cryptocurrency and favored the safest investments. This year, the crypto market has been on the rise -- but it's slipped from its 2023 peak reached in April. Could this hold back Ethereum? Or could this market leader become a trillion-dollar cryptocurrency by 2024? Let's find out.
If you ask developers which blockchain they're building on, many of them would say Ethereum. In fact, the blockchain has the most total developers of any other player, according to the latest Electric Capital developer report. And the number has increased 52% from two years ago to more than 5,800.
Source Fool.com
