Ethereum and the reasons for its recovery in 2022

The second digital currency by capitalization faces a year marked by its competition against Bitcoin and the "killers of Ethereum" at a crucial moment for the virtual currency in its passage to the "merger" expected this year. A before and after in which experts see an upward journey, after rising exponentially, but falling behind in the final part of the year among cryptocurrencies.

Comparisons are hateful, no doubt, but it seems inevitable that the first and second cryptocurrencies on the market in the blockchain universe are continually being compared. Experts point out that already in 2021, and despite the fact that it continues to be number two in the ranking by capitalization in the crypto market, amid growing volatility , Ethereum's performance has been better than that of Bitcoin.

The common opinion is the abysmal distance that continues to exist, especially as Ethereum development takes hold, because the adoption of blockchain technology in financial technology companies is gaining ground and especially the NFTs, the popularity of non-fungible tokens, which are it extends to sports, the media and games, as well as culture in general, with the case of art.

That is its added value that is gaining exponential ground to Bitcoin. It is a new world, as everyone recognizes that it can also make a real qualitative and quantitative leap in 2022 and be reflected in Ether, penalized from its highs by more than 21%, despite its development and revaluation of 418 % last year, with a capitalization of less than half a billion, 454,450 million, the 18th asset in the world.

Its fall, which persists in the last week above 3% and corrected by the advances of the same amount of yesterday and in the last month, with cuts that border on 5%, endorse its consolidation in recent times pending events . Specifically awaiting The Merge , the merger in that expected step in 2022 on its path 2.0 from the proof of work to the proof of stake, in a combination between the main Ethereum network development with that of Beacon Chain, which It will give you more scalability, if everything goes according to plan in this first part of 2022.