Exciting predictions for Ethereum in 2021 (the bull market is coming) |

Reprinted from: Isaiah McCall

CoinDesk this yearBecame one of my favorite publications. They are always one step ahead and have some of the best writers on crypto.

Earlier this week, contributorsandrew case（Andrew Keys）wrotean excellent article,Predicted the future of Ethereum.

Keys has been described as an "Oracle," and while some of his predictions may take more time to come to fruition, they're no less exciting.

I found some of the funniest...

1. Ethereum is digital oil

“In 2020, the world begins to understand the intrinsic value of Bitcoin as ‘digital gold’. In 2021, we will witness the same understanding of Ethereum as ‘digital oil’.” - Andrew Keys

The crypto community hates analogies. Oversimplification is the kryptonite of geeks. However, I think it's very popular.

Oil runs everything: our cars, our houses,our clothes. Petroleum is the basic material on which we live.

While bitcoin will replace gold, and eventually the dollar, as the primary currency; ethereum will be the conduit that runs through our entire world.

That's a little bigger than gold.

2. Ether will reach 2k

"The Eth 2.0 upgrade will enhance the network's capabilities and attract more attention from corporate and institutional investors, driving the price of Ethereum to new heights."

From January 2020 to the end of the year, ether has grown by about 360%.

Although many people pay more attention to Bitcoin this yearcrazy bull market, but Ether is poised to see its own surge in 2021.

Especially with the release of Ethereum 2.0, which will one day enable thousands of transactions per second to happen, not just for currencies.

Once again, digital oil is coming.

3. Ethereum ETFs are coming (and so are Bitcoin’s)

“In February 2021, CME, the world’s largest derivatives exchange, will launch Ethereum futures, making Ethereum the second cryptocurrency commodity to be registered with the Commodity Futures Trading Commission.”

wall streetThere have been attempts to launch a bitcoin ETF for years, without success. New York-based investment management firm VanEck was rejected last year for proposing a bitcoin ETF, but reapplied this week.

Seeing all the institutional trust coming into Bitcoin this year, the chances of getting approved have never been higher.

Ethereum exchange-traded funds are a hot topic of bitcoin research.

For both coins, this will lead to more mainstream adoption and allow us to track the current price of Bitcoin without having to actually buy and store it in a cryptocurrency wallet.

4. The 'Ethereum killer' will be slaughtered

“Many promise a faster, more sophisticated smart contract platform, but there’s little to show. In 2021, those looking to gain market share on Ethereum raised millions of dollars, and they will Need to carve out a niche use case for its platform, or risk becoming irrelevant before any code is released.

As Keys inin his articleAs noted, Bitcoin is seeking to capture the $18 trillion gold market. Ethereum (the digital oil) is looking to overtake a global economy worth around $270 million.

such as "Algorand'sALGO" and " HashgraphHBAR"Ethereum killers" like "Ethereum Killer" are trying to break into this market, but Ethereum seems to be leading the way.