We have come with another analytical question that is “Will Any crypto surpass Bitcoin.” Well, you are aware that Bitcoin is the most trusted crypto in the market despite being its value is decreased by 60% from its all time high value. More so, the number of investors for Bitcoin is increasing every then and now.
However, numerous cryptocurrencies are taking a big leap in the crypto market and exponentially increasing. No wonder, Ethereum, Solana, Cardano, and some others are among then and have shown significant growth in the previous market. Let’s explore various which cryptos that have potential to displace Bitcoin from the top of Crypto heap (Considered standard as Gold).
Ethereum: Will Ethereum Crypto Surpass Bitcooin
Despite digital currency is facing crypto winter in 2022, there are many crypto currencies in the market that might displace the position of Bictoin from the top of crypto heap. Ethereum is one of the attractive and promising cryptocurrencies which is leading the list of cryptos that can dethrone Bitcoin from its position.
Talking about the Ethereum, it stands out as the innovative leader that attracts investors for the recognizable developments such as Non-fungible tokens (NFTs), DeFi, Metaverse, Smart contracts, Decentralised Applications (DApps), and others.
The new development has even pushed Ethereum to displace the Bitcoin’s position, holding since the emergence. While based on Proof-of-work consensus mechanism, Ethereum was backlash for slow transaction and process. Now with Merge upgrade system, it is able to handle 100,000 transactions per second.
Solana: Will Solana Surpass Bitcoin?
Solana also comes in the list of cryptos that can potentially overtake the position of Bitcoin. But, it will also have to surpass Ethereum which have many interesting and common features as of Solana.
The most exciting reason is its scalability. The transaction process of Solana is quite quick, making one of the fastest blockchains currently on the market. However, after Ethereum Merge and completely shifted to Proof-of-stake consensus mechanism, Solana will have to battle with Ethereum to lead the crypto market and surpass Bitcoin.
The other advantage of Solana over Bitcoin is its eco-friendly nature. It consumes very less energy as compared to Bitcoin’s energy intensive blockchain. Of course, it guarantees an undisputable advantage in terms of environmental issue. You are well aware that environmental problem is the major concern of the large people and while Bitcoin is based on proof-of-work protocol, this issue can have significant impact on Bitcoin dominance over the crypto market.
The Solana has seen significant growth rates in the last years except this Crypto winter season. There are several other factors that make Solana over the Bitcoin. On the basis of our analysis, it might overtake Bitcoin in the next coming years.
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