Ethereum To Overtake Bitcoin? Survey Reveals 47% Of Investors Are Bullish This May Happen In Next 12 Months

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A recent survey reveals that 47% of investors anticipate Ethereum (CRYPTO: ETH) to surpass Bitcoin (CRYPTO: BTC) in value, Cointelegraph reports. Positive Outlook for Ethereum The “Q2 2023 Signals Report” by Fidelity Digital Assets suggests a positive outlook for Ethereum over the next 12 months and beyond. The report attributes this optimism to the network’s higher burn rate versus coin issuance, the “new address momentum,” and a growth in the number of network validators. “The net issuance since the Merge in September 2022 resulted in a net supply decrease of more than 700,000 Ether,” the Fi…

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