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Trend Research: ETH Institutional Demand Far Outstrips Stake Supply, ETH Market Cap Expected to Surpass BTC Across Next 1-2 Bull-Bear Cycles
BlockBeats News, August 27th. In its latest report, Trend Research, a secondary investment institution under LD Capital, stated: "From a supply and demand perspective, the current institutional consensus-generated demand for ETH far exceeds the supply from staking, and we believe the long-term fully loaded staking situation is not sustainable. Considering the further implementation of crypto-friendly policies in the future and Wall Street forming a consensus on the long-term value of ETH, the 'buying frenzy' for ETH has just begun. With the upcoming halving cycle, we are raising our long-term target price for ETH and believe that ETH's market cap will surpass BTC's in 1-2 bull-bear cycles."
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