Will Ethereum’s Dominance Rise in 2025? Here’s What to Expect

At the start of 2024, Ethereum’s market dominance was at 16.96%, and its journey since then has been anything but predictable. It soared to a peak of 19.28% in February, only to crash to a low of 15.42% by mid-May. A brief rebound occurred before the launch of Ethereum spot ETFs, pushing dominance to 18.8% in June.

However, the excitement quickly faded, and Ethereum’s dominance has since dropped by about 5.42%. The big question now is: Can 2025 bring a comeback for Ethereum?

Bitcoin’s Strong Market Position

Bitcoin has had an impressive year, climbing by over 115.76%. It began 2024 with a dominance of around 51.58% and is currently at 58.71%. However, between November 20 and December 7, Bitcoin’s dominance dropped from a high of 61.19% to a low of 55.11%. Despite this, Bitcoin has consistently outperformed Ethereum and the altcoin market this year.

While Ethereum’s dominance briefly rose from 12.11% to 13.5% between November 21 and December 6, it has since fallen sharply by at least 1.09% after December 7.

The altcoin market as a whole has grown by 65.18% this year, but Ethereum’s growth stands at just 40.96%.

This indicates that Bitcoin has significantly outperformed both Ethereum and the broader altcoin market.

The Impact of Ethereum ETFs

Although billions flowed into Ethereum ETFs in 2024, reports suggest this had little impact on Ethereum’s price. Initial excitement surrounding the launch faded quickly, and traders seem to have lost confidence in Ethereum’s ability to make strong upward moves.

2025: A Year of Hope for Ethereum Bulls?

Experts advise Ethereum supporters to stay patient. They believe that in 2025, a stronger narrative could emerge in favor of Ethereum, potentially shifting market sentiment and boosting its price.

While 2024 has been a challenging year for Ethereum, there is optimism for a stronger performance in 2025. With the right developments, Ethereum could make a strong comeback next year.