Whereas Bitcoin has already set recent all-time highs, Ethereum continues to lag behind its peak, leaving many traders questioning when the highest altcoin will catch up.
Regardless of latest momentum, ETH stays beneath its earlier file, and a few market watchers are rising cautious.
Nonetheless, optimism persists. In a latest interview with Coinbase, Byzantine Capital’s co-founder March Zheng expressed confidence in Ethereum’s long-term potential.
He pointed to the community’s latest Pectra improve and its decrease inflation fee in comparison with Bitcoin as components that might help future value appreciation. Zheng believes these options could assist Ethereum assert itself because the dominant Layer-1 blockchain.
He additionally argued that Ethereum maintains an edge over Solana in relation to scalability—a bonus he says will turn into more and more essential as blockchain adoption grows. In Zheng’s view, Ethereum is coming into a key part of progress, with 2025 shaping as much as be a pivotal yr.
Nevertheless, short-term expectations stay subdued. Betting markets on Polymarket presently assign only a 27% likelihood that ETH will attain a brand new all-time excessive earlier than 2026. Whereas sentiment is broadly constructive, Ethereum’s highway to a breakout could take longer than some anticipate.