The head of the trading division of Mike Novogratz’s crypto bank Galaxy Digital, Jason Urban, has predicted in an interview with Kitko News that Ether will surpass Bitcoin’s market capitalization in the future.
The expert has explained why he considers ETH to be a much more promising instrument. The most important event will be the release of an updated version of Ethereum.
ETH, the underlying asset of this blockchain, will be more in demand in the cryptosphere compared to Bitcoin. If the developers solve the problem of Ethereum’s weak scalability, the altcoin’s price will continue to increase.
According to Jason Urban, Ethereum’s market cap will surpass Bitcoin’s over the next two to three years.
He has explained:
“Scaling will attract institutional investors. The more institutional capital goes into Ether, the higher its value will be.”