Trend Research: Ethereum Market Cap Could Overtake Bitcoin Within Two Cycles

Key Takeaways:Trend Research says ETH demand from institutions far exceeds unstaked supply.Report highlights crypto-friendly policies and Wall Street’s growing consensus on Ethereum’s long-term value.ETH market capitalization projected to surpass BTC in 1–2 bull-bear cycles.ETH Demand Outpaces SupplyTrend Research, the secondary investment arm of Liquid Capital, said in its latest report that institutional demand for Ethereum (ETH) has surged to levels that far exceed the available unstaked supply. The firm noted that such a supply-demand imbalance is unsustainable in the long term, creating conditions for structural upward pressure on ETH.Wall Street Turns Bullish on EthereumThe report cites crypto-friendly regulatory policies and Wall Street’s growing acceptance of ETH as a long-term value asset as key drivers behind the buying rush. According to Trend Research, the upcoming global interest rate cut cycle could accelerate this trend by making digital assets more attractive compared to traditional fixed-income instruments.ETH Market Cap to Surpass BTC?Based on these dynamics, Trend Research raised its long-term ETH price target and predicted that Ethereum’s market capitalization could surpass Bitcoin’s within one to two bull-bear cycles.Such a scenario would mark a major shift in crypto market structure, with ETH potentially emerging as the dominant digital asset due to its broad institutional adoption, staking economy, and use cases across DeFi and Web3.