Andrea Dragosch of ETC Group pointed out that Ethereum's deflationary mechanism and staking yields are also key factors driving its price increase. While Bitcoin may be more stable in the long term, Ethereum's technological advancements and financial incentives in the short term are expected to make it perform better.
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A number of financial experts and institutions predict that Ethereum (ETH) will outperform Bitcoin (BTC) in the short term. JPMorgan Chase & Co. believes that the upcoming EIP-4844 upgrade in 2024 will improve the efficiency of the Ethereum network and reduce transaction costs, especially for Layer 2 solutions.
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Ethereum will continue to outperform Bitcoin in the near term
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