Galaxy Digital's Jason Urban What's driving ethereum to flip bitcoin?

The theory that ethereum will someday replace bitcoin has been around for a long time. Although the debate over it has diminished after the bull rally that rocked the nation last year. However, it seems that not everyone has forgotten. Jason Urban, co-head of trading at Galaxy Digital, is one of them. The trading expert expressed his views on the cryptocurrency market and what he thinks will eventually drive Ether to flip Bitcoin.

Ether Merger Acts as Catalyst

Jason Urban, head of trading at Co-Galaxy Digital, outlines why he thinks ethereum will eventually flip bitcoin. Urban sees the upcoming ETH Merge as a major factor. The merger will provide Ether with a competitive advantage over Bitcoin, with both continuing to use the proof-of-work mechanism. However, after the merger, Ether will move to proof-of-stake, which will require significantly less energy to perform transactions.

The network's increased speed and scalability will also provide it with an advantage. As a result, it becomes a more valuable digital asset.