The school of thought that Ethereum will one day flip Bitcoin is one that has been around for a while. Although debates around this have subsided following the bull rallies that rocked last year. However, it seems not everyone has forgotten about this. One of those is Galaxy Digital’s trading co-head Jason Urban. The trading veteran shared his thoughts on the crypto market and what he believes will push Ethereum to eventually flip Bitcoin. Ethereum Merge Is The Catalyst In an interview with Kitco News, Galaxy Digital Co-Head of Trading, Jason Urban explained why he believed that Ethereum will end up flipping bitcoin. The major driver identified by Urban was the upcoming ETH Merge. This merge will give Ethereum another edge over bitcoin, both of which still utilize the proof of work mechanism. However, after the merge, Ethereum will move to proof of stake, requiring significantly less energy to carry out transactions. Related Reading | Terra Users Heads Up, Why NEAR May Launch Native Stablecoin With A 20% APR The increased speed and scalability of the network will also give it an edge. Making it a more valuable digital asset. Pointing to the rapid adoption of the digital asset, he told Kitco News that it shows more people are beginning to understand what Ethereum is about. The leading smart contracts platform presents a unique opportunity with its widespread utility, hence, making it a great play for institutional investor...
