Should We Be Expecting Possible Ethereum Flipping?

Bitcoin has been the king of crypto for years, maintaining its number one spot, its reasonable because it’s the first crypto to get created. So it’s normal to see people treat it like the first special crypto thereby patronizing it more than others, coupled with the fact that it’s blockchain technology is one of the most secured blockchain out of all other blockchains. This should be related to the fact that it was created solely for the point of decentralization. Satoshi Nakamuto created it without any need to take profit from it or wanted a reward or a noble prize. The main act was done from a place of selflessness and to help humanity.
source But Ethereum came and seemed to be like Bitcoin but better, added more features, created a better standard and foundation for building and development. We saw Dapps get built on the Ethereum Blockchain, we saw tokens get built on the Ethereum Blockchain, we saw NFTs get created on the blockchain and more. But scalability and transaction fees being high was a big problem for the blockchain, hence the reason people decided to find alternatives.

It’s so obvious that Vitalik Buterin used Bitcoin as a map to create Ethereum because it worked on proof of work mechanism. The team has been working on migrating to the proof of stake mechanism to reduce the gas fees needed to process transactions. Remember how other blockchain technology became so successful because their strategy was developing on Ethereum’s flaws. Now Ethereum is working on its flaws with expectations that gas fees will be as low as $0.02.

When Ethereum works on that and gas fees get that low, this means that more people will utilize it. There won’t be any limit, it’s blockchain is already secured, does not shut down or whatever Solana blockchain occasionally does, coupled with the fact that it’s gas fees will be lower, expect more utilization. It’s possible to see Ethereum above $10k which will bring possible flipping and bring Ethereum to the top, making it number 1. Well, I am here watching and hoping, because I love Ethereum but the high gas fees made me lose interest.

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