以太幣（ETH）的價值未來將超越比特幣（BTC）：1個確認

該公司預計，未來五年，ETH 的市值將超過 BTC。

A crypto investment fund founded by former Coinbase executive Nick Tomaino has made a bold prediction in its latest letter to investors. The company estimates that ETH will outperform BTC in terms of market capitalization in the next five years.

由 Coinbase 前高管 Nick Tomaino 創立的一家加密投資基金在最新致投資者的信中做出了大膽的預測。該公司預計，未來五年，ETH 的市值將超過 BTC。

At the moment, Bitcoin has a market capitalization of about $1.26 trillion, while Ethereum has a valuation of $332.8 billion. However, the founder of 1confirmation is still optimistic that ETH will see its value surpass that of BTC in the future.

目前，比特幣的市值約為1.26兆美元，而以太坊的估值為3,328億美元。不過，1confirmation創辦人仍然樂觀地認為，未來ETH的價值將超過BTC。

According to the firm, this projection is based on the different use cases and stories associated with the two cryptocurrencies. Bitcoin has always been viewed as ‘digital gold,’ which is backed up by institutional investors. However, Ethereum provides more use cases as the base for dApps and smart contracts, making it the “digital oil” for the decentralized web.

據該公司稱，這項預測是基於與兩種加密貨幣相關的不同用例和故事。比特幣一直被視為“數位黃金”，並得到機構投資者的支持。然而，以太坊提供了更多用例作為 dApp 和智能合約的基礎，使其成為去中心化網路的「數位石油」。

1confirmation’s Q2 2024 LP letter identifies the institutional investment in Ethereum as the primary factor that will propel its price higher in the future. While Bitcoin is mostly considered a store of value, Ethereum’s many use cases provide more avenues for institutional investments. According to the letter, Wall Street can take larger exposure due to ETH having a lower market cap, which may result in more forceful pushing of the Ethereum story.

1confirmation 在 2024 年第二季的有限合夥人信中指出，機構對以太坊的投資是未來推動其價格走高的主要因素。雖然比特幣主要被認為是一種價值儲存手段，但以太坊的許多用例為機構投資提供了更多途徑。根據這封信，由於 ETH 的市值較低，華爾街可能會承擔更大的風險，這可能會導致以太坊故事得到更強大的推動。

This sentiment is supported by the increasing assets under management (AUM) in spot Ethereum ETFs. While Ethereum’s AUM is still less than that of Bitcoin, it is expected to increase due to institutional demand. Vance Spencer of Framework Ventures has estimated that Ether ETFs could take half of the inflows that Bitcoin ETFs will receive in the future.

這種情緒得到了以太坊 ETF 現貨管理資產 (AUM) 不斷增加的支持。雖然以太坊的 AUM 仍低於比特幣，但由於機構需求，預計會增加。 Framework Ventures 的 Vance Spencer 估計，以太坊 ETF 未來可能佔據比特幣 ETF 資金流入的一半。

In the short term, Ethereum has remained stable even in the face of market volatility. As of this writing, ETH has declined by 1%, and its price is $2,738. This has been attributed to increased market confidence buoyed by prospects of Federal Reserve rate cuts.

短期來看，即使面對市場波動，以太坊也保持穩定。截至撰寫本文時，ETH 已下跌 1%，價格為 2,738 美元。這歸因於聯準會降息前景提振了市場信心。

Largeholder transactions also affect the price of Ethereum. Recently, the Ethereum Foundation moved 35,000 ETH, which is equivalent to $94.07 million, to the Kraken exchange for operational expenses. Normally, such mass selling could create bearish pressure. However, ETH has held steadfast above the $2700 mark, which shows support.

大股東交易也會影響以太坊的價格。最近，以太坊基金會將 35,000 ETH（相當於 9,407 萬美元）轉移到 Kraken 交易所，用於營運費用。通常情況下，這種大規模拋售可能會造成看跌壓力。然而，ETH 一直堅守在 2700 美元關卡上方，顯示出支撐。

According to Farside UK, there was $44. 5 million worth of outflows from U.S. spot Ethereum ETFs this week. However, the price of Ethereum rose from a recent low of $2,112 to $2,760, a 30% increase in the past three weeks.

據 Farside UK 稱，價值 44 美元。本周美國現貨以太幣 ETF 資金流出 500 萬美元。然而，以太幣的價格從近期低點 2,112 美元上漲至 2,760 美元，過去三週上漲了 30%。

1confirmation’s letter also provides ample evidence of the potential that goes beyond the rise in the price of Ethereum. The firm also forecasted that new areas, including prediction markets, decentralized finance, and non-fungible tokens, will experience rapid expansion. The development of new applications on Ethereum Layer 2 (L2) and Layer 3 (L3) solutions is expected to drive further innovation and attract more users to the platform.

1confirmation 的信件也提供了充分的證據，證明了以太幣價格上漲之外的潛力。該公司還預測，包括預測市場、去中心化金融和不可替代代幣在內的新領域將經歷快速擴張。以太坊第 2 層 (L2) 和第 3 層 (L3) 解決方案上新應用程式的開發預計將推動進一步創新並吸引更多用戶使用該平台。