Experts believe that Ethereum will very soon overtake Bitcoin

According to analysts, Ethereum has more practical value than Bitcoin. In particular, we are talking about smart contracts.

Well-known entrepreneur, co-founder and former CEO of investment giant Guggenheim Partners, Todd Morley, noted that over the past 12 months, the popularity of so-called decentralized finance – the use of Ethereum-based technology to recreate traditional financial instruments – has skyrocketed. In fact, blockchain protocols can replace the banks we are used to.

The demand for non-fungible tokens or NFTs, which are primarily issued on the Ethereum blockchain, is also driving interest in the coin.

Experts also say that the growing popularity of the ether is evidenced by the «Moore's Law», according to which the speed of computing, and hence the performance of computers, doubles every two years. And the number of Ethereum developers has been increasing 20 times annually for six years in a row, which is significantly higher than «Moore's Law».