Following the Ethereum price boost that happened earlier this week, experts predict that ETH could surge to $10,000 in the coming years. On the flip side, experts warn against Ethereum-killer Cardano, which seems to suffer from issues and bugs.
As many investors would know, several cryptocurrencies experienced huge gains in these last few days. The price boost is linked to Bitcoin, which recently launched its first future exchange-traded funds (ETF). This progress led experts to believe that Bitcoin could surge to $68,000 some time this year.
Ethereum, as the world’s second-largest cryptocurrency, might also see bigger gains in the market.
Ethereum Price Prediction: Up to $10,000
According to Oanda analyst Ed Moya, Ethereum has “a giant lead over the competition (as the biggest/original home for dapps and NFTs),” per Nasdaq. The idea emphasized the reputation of Ethereum as one of the longest and most-established cryptocurrencies in the market.
Moya also pointed out that the incoming Ethereum 2.0 upgrade also improve its systems to 100,000 transactions per second. However, despite the many promising features, developers have yet to reveal the release date for the upgrade.
Lastly, Moya pointed out that Ethereum has already gained a 500 percent increase compared to last year’s market. This means a $10,000 price ceiling is very attainable within the next two or three years.
Cardano Price Warning
Contrary to Ethereum’s profitable gains, experts are now warning investors against Cardano. For reference, Cardano is called the “Ethereum-killer” because ADA and ETH have a lot in common. Their programmable ecosystem features both smart contracts and proof-of-stake.
Rosh Singh, the founder of crypto trading start-up Quadency, said that Cardano “had a huge amount of funding and time to catch up with Ethereum and when they finally launched…
![Anticipation for Ethereum [ETH] 2.0 rises as metric reaches all-time high](https://crypto.newswireservice.net/wp-content/uploads/2023/01/ethereum-wale-1000x600-350x250.jpg)
