With the increasing number of applications that are launched on the Ethereum platform, the use of Ethereum is sky-rocketing.
The number of Ethereum transactions shows the real demand behind it, just like the one that Bitcoin had when it started being accepted as a mean of payment across the globe.
Furthermore Ethereum became a popular investment target of many institutional players. More and more large corporations are backing Ethereum, one example is Ethereum Alliance which connects Fortune 500 enterprises, startups, academics, and technology vendors… Therefore it does not surprise that just recently the trading volume even surpassed the one of Bitcoin.
The other reason behind the growth could be that Ether is perceived as technologically more powerful than Bitcoin. Even in the means of transaction processing as the cost of transactions in BTC are increasing. The setup of ETH could represent more efficient transaction processing, which can lead to a faster adoption by the general public.
What do you think, will we see ETH surpass BTC already in 2017?
