Will the scaling upgrades and the staking of Eth2 make Ethereum significantly more valuable?
I'm talking about instead of Ethereum launching up into the low to mid four digits, could Eth2 push Ethereum to say 5 digits in the coming years so that Ethereum joins Bitcoin as a dominant chain in the blockchain industry, rather than just the main chain in the market of what's left over outside of Bitcoin?
No one can be sure of this, I just know that Ethereum 2.0 has a PoS algorithm and that is where investors can safely make profits. Therefore, when calling for ETH to be deposited into the PoS program, investors' need to buy ETH will increase -> leading to the price of ETH will increase.
But if the general economy recovers gradually and Covid 19 is well controlled, then it is possible that ETH will return to the old peak of ATH in 2021. It is the top altcoin that is most interested in this Q4. So when ETH 2.0 kicks in, that's when it grows strongly.