- Lark Davis predicts Ether will outperform Bitcoin in the next bull market.
- Davis said Ether’s price will be buoyed by a number of factors, including staked Ether.
- The analyst said an Ethereum spot ETF could be more compelling for investors than a Bitcoin ETF.
Influencer and cryptocurrency analyst Lark Davis expressed his optimism that Ether (ETH), the second-largest digital asset by market cap, will outperform Bitcoin (BTC) in the anticipated bull market.
Davis made this statement in a recent interview where he argued that Ethereum’s performance will be buoyed by a number of factors. “If you were to invest $10,000 in Bitcoin and $10,000 in Ethereum, Ethereum, I believe, will give you a higher gain by the end of the cycle,” Davis remarked.
While noting the significance of an ETF approval and BTC Halving for Bitcoin, Davis said Ethereum has more catalysts to drive higher performance. Firstly, the analyst claimed that Ethereum has “ultrasound money” and “massive deflation”.
Davis further pointed to a significant rise in the amount of Ether being staked. Davis estimates that about 28 million ETH are locked up in staking contracts with o…
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