Bullic prospects for Ethereum: Layer-2 solutions could drive the $ 10,000, while the BTC20 as the new Bitcoin on Ethereum blockchain causes a sensation

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Kann Ethereum durch Layer-2-Lösungen auf 10.000 Dollar steigen? In den letzten Wochen gab es viele bullische Nachrichten rund um Ethereum und zahlreiche Altcoins. Der Ethereum-Kurs hat die 2.000 Dollar Marke erreicht, ist aber zwischenzeitlich wieder auf unter 1.900 Dollar gefallen. Auch der Bitcoin schwankt und gibt zwischenzeitlich die 30.000 Dollar Marke auf. Ist es möglich, dass Layer-2-Lösungen den Ether-Kurs auf 10.000 Dollar pushen können? Oder sollten Anleger eher einen Blick auf den neuen Bitcoin auf der Ethereum-Blockchain – den BTC20 – werfen? Ähnlich wie die meisten der 100 größten Kryptowährungen hat auch Ethereum in diesem Jahr eine beeindruckende Rallye hingelegt. …
Can Ethereum rise to $ 10,000 through Layer 2 solutions? In the past few weeks there have been many bullish news about Ethereum and numerous old coins. The Ethereum course has reached the $ 2,000 brand, but has meanwhile fallen back to less than $ 1,900. The Bitcoin also fluctuates and gives up the $ 30,000 mark in the meantime. Is it possible that Layer 2 solutions can push the $ 10,000 dollar? Or should investors take a look at the new Bitcoin on Ethereum blockchain-the BTC20-? Similar to most of the 100 largest cryptocurrencies, Ethereum has made an impressive rally this year. ... (Symbolbild/KNAT)

Can Ethereum increase to $ 10,000 through Layer 2 solutions?

In the past few weeks there have been many bullish news about Ethereum and numerous old coins. The Ethereum course has reached the $ 2,000 brand, but has meanwhile fallen back to less than $ 1,900. The Bitcoin also fluctuates and gives up the $ 30,000 mark in the meantime. Is it possible that Layer 2 solutions can push the $ 10,000 dollar? Or should investors take a look at the new Bitcoin on the Ethereum blockchain-the BTC20-?

Similar to most of the 100 largest cryptocurrencies, Ethereum also made an impressive rally this year. The course has increased by more than $ 700 since the turn of the year, which corresponds to an increase of around 59 %. The Bitcoin even increased around 80 % in the same period. Solana could even triple his value. This year Solana has actually become an Ethereum killer, especially when it comes to return. However, Solana has lost a lot of trust due to network failures and the entanglement with the FTX crypto exchange.

The low transaction speed on Ethereum blockchain is currently the biggest problem. Especially in the long term, if there are more and more transactions, this could become a problem. Vitalik Buterin, co -founder of Ethereum, also believes that Ethereum cannot remain competitive. Therefore, it is worked with high pressure on Layer 2 solutions to avoid this problem.

By Layer 2 solutions, transactions outside the Ethereum blockchain can be confirmed and bundled. This would lead to a higher transaction speed and too lower costs, since the gas fees can quickly explode with high utilization. In view of the fact that Ethereum holds second place in the crypto ranking despite these weaknesses and the previous all-time high is just under $ 5,000, this could massively increase the ether course in the long term, especially if initial successes are achieved with layer 2 solutions and the transaction rate is increased.

A possible price increase to $ 10,000 would correspond to an increase of over 400 %. So far, Ethereum has shown in the rally in 2021 that such a performance was not a problem. However, new coins come onto the market every day, which may be able to reach such an increase faster. The new Bitcoin on the Ethereum Blockchain, BTC20, has been causing a lot since its launch.

For many investors, it was a wish to invest in Bitcoin when the course was still at a dollar, as was the case in 2011. The BTC20 token now offers a new chance. The BTC20 token can be purchased in advance for a dollar. The Presale sum rose to over $ 160,000 within a few hours. Investors are convinced of the concept of a bitcoin that runs on the Ethereum blockchain. Around 6 million BTC20 tokens are already in circulation, similar to how it was at Bitcoin in 2011.

The BTC20 staking process is similar to the mining process in Bitcoin. Every 10 minutes, when a new block is found on the Bitcoin blockchain, BTC20 tokens are also released as staking reavers and paid out to the stakers. The more BTC20 is used for staking, the higher the proportion of the newly released tokens. A total of 21 million BTC20 tokens will be released over the next 120 years.

The crypto community is enthusiastic about this concept, which is why the token increases to $ 200,000 and BTC20 appears in many media reports. Even if the history of the Bitcoin cannot be repeated and BTC20 will probably not rise to $ 30,000, an increase to 50 times the current hypes around BTC20 is quite possible.

Overall, it looks promising for Ethereum and the ether course. Layer 2 solutions could solve the problem of low transaction rate and push the course to $ 10,000. At the same time, the new Bitcoin on Ethereum Blockchain, BTC20, offers an interesting investment option. It remains to be seen how developments will develop in the future and whether Ethereum can continue its success.