The Flippening: Will ETH Ever Surpass BTC?

When it comes to investing in crypto with a longer time horizon in mind, two blue chip crypto projects often lead the conversation: Bitcoin and Ethereum. As the top two coins with the highest market cap in the crypto space, it's fair to say they're the go-to names for anyone keen on dollar cost averaging into crypto.

However, since Ethereum recently executed its Merge without a hitch, there has been rampant speculation with regard to the future of the world’s second-largest cryptocurrency in terms of market capitalization. With its post-Merge roadmap already underway, it seems Ethereum is poised to become the most functional smart contract platform in the crypto space. Will this momentum carry Ethereum forward in a way that allows it to make the Flippening a reality? Read on as we discuss what the Flippening is and how it’ll shake up the crypto market. 

What Is the Flippening?

The Flippening refers to the hypothetical situation when Ethereum overtakes Bitcoin to become the top cryptocurrency in terms of overall market capitalization.

To keep track of the Flippening, Blockchaincentre has compiled a whole list of factors that take into account other metrics beyond just market capitalization. On top of comparing market capitalization, the website also takes into account factors like transaction volume and active addresses. To the surprise of many, Ethereum has proven its utility as it surpasses Bitcoin in terms of transaction count and fees paid.