From Investing.com:

Bernstein forecasts a positive outlook for Ethereum, anticipating potential approval of Ether-based ETFs by the SEC. The firm predicts a 50% chance of spot ETF approval by May, with high interest from financial giants like BlackRock. Solana is expected to lead in blockchain development, with other ecosystems reaching a $1.4 trillion valuation.

Analysts highlight Ethereum’s appeal for institutional adoption due to staking yields, environmental efficiency, and capacity for new financial markets. Ethereum’s utility extends beyond ETFs to creating open tokenized financial markets. The recent Dencun upgrade reduced transaction costs by 50%-90, with the Ethereum ecosystem projected to hit $1.8 trillion in valuation.

Bitcoin’s recent dip to $63,000 from all-time highs presents a buying opportunity ahead of the halving in April, according to Bernstein. The firm sees the consolidation phase as temporary, offering traders a chance to reposition risk. A threefold surge in the overall crypto market cap to $7.5 trillion by 2025 is also projected.



Read more at Investing.com: Bernstein says Ethereum and Solana are next as Bitcoin dominates financial markets By Investing.com