I'm starting to believe that Ethereum could eventually surpass Bitcoin as the top cryptocurrency, especially given its strong ecosystem and the recent reduction in gas fees(Is this a rumour).
After exploring Eigenlayer, a restaking protocol that allows Ethereum stakers to restake their ETH or liquid staking tokens (LSTs), it seems to offer new opportunities for increased profits. With the added advantages of smart contracts and DeFi solutions, I expect a potential rally in Ethereum-based projects this month, making it a good time to strategically position myself.
https://coinmarketcap.com/currencies/eigenlayer/Ethereum’s ecosystem is definitely growing stronger, and with gas fees coming down, it could give Ethereum a real edge over Bitcoin in the long run. Eigenlayer’s restaking model does seem like a solid way to boost profits, especially with all the DeFi possibilities opening up around Ethereum. It might also be worth looking into some newer projects like Waterfall Network (which is built on Ethereum, by the way), and is currently offering 122% APR. Diversifying a bit could be a good move as Ethereum-based projectss continue to gain momentum
And I don't ETH will surpass BTC anytime soon, simply due to the sheer force behind it. People have more skin in BTC than in ETH.