Chinese billionaire Bitcoin miner Jiang Zhuoer argued that investors in the US stock markets are still in the early stages of developing an interest in Ethereum (ETH).
Zhuoer, who stated that he has not sold his ETH holdings for many years, noted that the level of understanding of Ethereum by institutional capital is similar to the crypto market during the 2014-2015 period.
According to Zhuoer, Bitcoin’s “digital gold” narrative offers an easily understandable framework for investors outside of traditional finance. In contrast, Ethereum’s “smart contract” based structure is more complex, taking longer for US capital to understand ETH. He stated that this creates a significant difference in the perceived value of the two assets.
Zhuoer recalled that Ethereum’s first major increase in value against Bitcoin occurred in 2016–2017. During this period, a boom in ICO (Initial Coin Offering) projects led to the issuance of numerous tokens on the Ethereum network. The influx of projects and capital into the network increased demand for ETH, initiating a strong upward trend in the ETH/BTC pair.
According to the analyst, Ethereum’s second major surge against Bitcoin will begin in the 2026-2027 period. This rise will be driven by the migration of traditional financial assets to blockchain infrastructure.
*This is not investment advice.
