Not in the near future because ETH and BTC shares the same problem which is slow tx confirmations and small blocksize,if eth wants to overtake BTC eth should improve its network first.
In teams of scalibility ETH can stand much stronger load of transactions on their network, the only thing where transactions can be costly there is the smart contracts as they need to be transferred through blockchain which is why smart contracts + transactions , so not only transactions are problem there. If ethereum needs to scale and it will need to in future devs will prob try to react ASAP because there at least from my point of view is not any big issues with community and devs. Whereas in bitcoin case we had people that pulled strings in different ways and we still do. Ethereum will scale faster if they get to that point of urgency to do that.
I doubt that ETH could surpass current bitcoins price at least not in short amount of time, beacuse if we look at their coin supply + price per coin. More adoption and more investors will have to get in to enable ethereum to grow, it's not impossible but from this moment it seems highly unlikely in coming months.
In future, maybe not next year, Ethereum can reach to Bitcoin value, that will happen when Ethereum is accepted by nations, banks and organazitions like Bitcoin now.
Even bitcoin is not accepted by banks and nations >> if some nation/country accepts bitcoin it is mostly YES signal to other alts as well...