Can Ethereum surge past Bitcoin in this upcoming Bull Market? The supply has dropped a lot and it's no more inflationary, I think with this, Ethereum will make a new all-time high we have never seen before, do you think I am wrong?
Ethereum will not pump because it is unuseable due to gas fees. Users have moved to newer chains with low to 0 gas fees. Polygon has low gas fees and Q Blockchain has free transactions when you consider that they have gas fee redistribution.
I disagree, people used ethereum even during times when gas used to cost in hundreds (when eth was around $4k), this very gas spikes show that ethereum is being used a lot. I am pretty sure it'll reach $7k in next bull run.