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Trend Research: Institutional Demand for ETH Far Exceeds Staking Supply, ETH Market Cap Expected to Surpass BTC in Next 1-2 Bull-Bear Cycles
Summary: In a recent report, Trend Research, a secondary investment institution under LD Capital, stated that institutional demand for ETH currently far exceeds the supply from staking, and the sustained staking situation is not sustainable in the long term. With further adoption of crypto-friendly policies and Wall Street consensus on ETH's long-term value, the buying frenzy ...
In a recent report, Trend Research, a secondary investment institution under LD Capital, stated that institutional demand for ETH currently far exceeds the supply from staking, and the sustained staking situation is not sustainable in the long term. With further adoption of crypto-friendly policies and Wall Street consensus on ETH's long-term value, the buying frenzy for ETH has just begun. As the halving cycle approaches, we are raising our long-term target price for ETH and believe that ETH's market cap will surpass BTC in the next 1-2 bull-bear cycles.
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Link: Trend Research: Institutional Demand for ETH Far Exceeds Staking Supply, ETH Market Cap Expected to Surpass BTC in Next 1-2 Bull-Bear Cycles [Copy]