Top Analyst Predicts Ethereum Explosion, Updates Outlook on Binance Coin and Two Low-Cap Altcoins

A popular crypto strategist believes that Ethereum (ETH) will catch up with Bitcoin's (BTC) performance and ultimately begin outpacing the top crypto asset by market cap. Pseudonymous analyst Altcoin Sherpa tells his 193,300 Twitter followers that he's keeping an eye on the chart of Ethereum against Bitcoin (ETH/BTC).

Timeline of Bnb, Ethereum

The value of Ethereum has been causing unease among investors due to the growing possibility of a decline in price. As Ethereum continues to experience fluctuations in value, investors are closely monitoring the situation to determine whether they should hold or sell their investments.

Stablecoins have emerged as one of the most significant innovations in the crypto sector. These stablecoins were seen as the entry point to broad cryptocurrency adoption since they provide a stable store of value compared to more volatile assets such as BTC.

Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) told investors that a new ‘multiverse' non-fungible token (NFT) standard (ERC-5606), developed in a project backed by the company, has now been approved on Ethereum. The NFT standard is described, in a statement, as a significant contribution to building interoperable Web3 infrastructure on the Ethereum blockchain, and, it is  fully compatible with, the most popular NFT standards today (ERC-721 and ERC-1155).

Although the price of Ethereum (ETH) has recently reached a seven-month high, demonstrating an increase in demand, the network hasn't seen an increase in transaction fees, which indicates that the value of the Ethereum coin could continue to grow.

Microsoft, the software conglomerate, has introduced an Ethereum-based cryptocurrency wallet in the testing version of its Edge web browser. The new feature, which software sleuth Albacore discovered, is named “Crypto Wallet” and would allow users to store and transact Ethereum and Ethereum-based tokens in a non-custodial way, acting like a Metamask clone.

In anticipation of the Shanghai Capella Upgrade on Ethereum mainnet in April 2023, liquid staking platform Lido Finance [LDO] has witnessed a significant increase in its total value locked (TVL) as Eher [ETH] stakers look forward to the unlocking of previously locked ETH tokens.

Tech titan Microsoft is reportedly working on a new feature that enables users to send and receive crypto assets through its default web browser. First reported by BleepingComputer, software documenter Albacore shared screenshots of a new Ethereum (ETH) wallet that Microsoft is planning to integrate into its Edge browser.

One of Australia's largest bank, National Australia Bank (NAB), has broken the blockchain barrier by becoming the first major financial institution to complete an intra-bank cross-border transaction on the Ethereum blockchain using its own NAB-issued stablecoin.

Billionaire and Ethereum (ETH) creator Vitalik Buterin is highlighting what he thinks is the best way for users to self custody their crypto. In a new Reddit post, Buterin says that using multisigs, plus what he calls “guardians” or a network of trusted devices or individuals, is his preferred method of crypto security.

The Ethereum price analysis is bullish today as the coin continued upside above $1,800. ETH prices hit a new all-time high of $ 1,815 today, and the outlook is quite positive for buyers.