Can Ethereum become a trillion-dollar digital currency by 2025?

Let’s take a closer look at the factors that can make Ethereum the leading cryptocurrency.

The Post-Merge roadmap

The good news is that Vitalik Buterin, the co-founder of Ethereum has numerous changes, upgrades and tweaks planned with the future of the digital asset. Vitalik Buterin shared on the X social platform on 20 December a series of charts and diaphragms that continue the ambitious plans of 2023. In 2024, the focus of Ethereum will be on six major components, like the Merge, the Surge, the Verge, the Purge, the Splurge and the Scourge. Each of these elements is crucial in improving the Ethereum network because they aim to make the blockchain more efficient, robust and scalable.

For example, the Surge can improve the scalability of Ethereum with the help of data fragmentation. This process involves splitting the blockchain into smaller components to make the transaction processes and data storage more efficient. Furthermore, this upgrade wants to increase the network capacity and reduce the transaction costs, thus achieving Ethereum’s goals, like having 100,000 transactions per second and a Layer 2 network.

Additionally, the Scourge can address the security concerns, this aspect being a priority for ETH for a very long time. This is why the Scourge focuses on mitigating the potential vulnerabilities and improving the platform’s robustness. This might be done by enhancing the security of smart contracts, addressing the issues associated with Miner Extractable Value (MEV) and liquidity pooling and exploring the new consensus mechanisms.

The Verge wants to simplify the user experience and improve developer tools. If it succeeds, the Ethereum interface will be easier to use, and the development of further upgrades and decentralized apps will improve as well.

Can Ethereum flip Bitcoin?

In the crypto space, there are numerous terms present and “ flippening” is one of them. Flippening refers to the moment when Ethereum will finally take the place of Bitcoin as the most valuable cryptocurrency in the entire world. Looking at the past, Ethereum had always been second to Bitcoin in terms of market capitalization. But experts think that Ethereum can flip Bitcoin at one point in the future.

Here are some factors that can make Ethereum overcome Bitcoin.

Scalability improvements

Ethereum might be able to surpass Bitcoin if it adopts scalability improvements. Furthermore, with the help of enhanced security and an integration of AI technology, the second-largest cryptocurrency can increase its market cap. The further upgrades which Ethereum will go through can improve its performance and address the network’s congestion. Features like a proof-of-stake and sharding consensus mechanism can reduce the congestion of Ethereum and increase its transaction processing capabilities.

Moreover, by integrating AI technology, the platform can enhance its performance even more and become more competitive in the market. The adoption of all these features can bring us closer to the moment of the flippening, where Ethereum will become the king of all the other cryptocurrencies. As a result, the Ethereum price can be more attractive for developers and users looking for cheaper and faster transactions.

Flexibility through community consensus

One factor that makes Ethereum stand apart from Bitcoin is its ability to evolve and adapt with the help of community consensus. Bitcoin has a more rigid structure, but Ethereum encourages changes and upgrades based on community agreement. With the help of this flexibility, developers can fix existing issues or implement new features on the blockchain. For example, when Ethereum faced high gas fees because of network congestion, the community of the blockchain came up with new solutions, like a layer two scaling. This collaborative approach will always ensure that Ethereum remains responsive and meets its user needs.