Source | Blockchain News
Ethereum has soared to a new all-time high of over $2,150, pushing the entire cryptocurrency market to $2 trillion. Currently, the cryptocurrency appears to be consolidating around $2,000. In the short term, ETH is expected to surge higher than $2,150.
Mark Cuban, owner of NBA’s Dallas Mavericks and a billionaire investor, recently disclosed in a conversation on Unchained podcast that he expects Ethereum’s growth to dwarf that of Bitcoin’s in the long run. He explained:
“I think the applications leveraging smart contracts and extensions on Ethereum will dwarf Bitcoin. Bitcoin, right now, has evolved to be primarily a store value, and it’s very difficult to use it for anything else… You really have to work a lot harder on bitcoin than you do on Ethereum.”