Market EOS predictions support the long-term earning potential of the EOS tokens. The expected maximum price will rise to $4 by 2022, and the price of EOS token will trade above $5.2 in 2025. Rather than invest in cryptocurrency, which can lead to holding through drawdowns, trading crypto instead can provide even greater returns. PrimeXBT provides traders with all the tools they need to be successful, including chart analysis software, risk management tools, and much more. EOS tokens were among the most successful ICOs in history, raising billions in capital through the once popular crowdfunding method.
- As you can see in the chart below, Ethereum has outperformed EOS significantly throughout its short history.
- Ultimately, the success of blockchain technologies hinges on their ability to adapt to the ever-changing demands of a globalized and decentralized landscape.
- The real value in both cryptocurrencies is in the blockchain protocol that developers can build upon.
- There are many differences between EOS and Ethereum, but there are also some similarities as well.
- This means that it consumes a lot of electricity, which is expensive and bad for the environment.
- Shortly, EOS may outperform Ethereum, making it a more profitable investment.
An application like Facebook would be perfect for EOS if it can achieve these scalability goals. Until there is a finished product though, there is no way to guarantee whether they will achieve all https://www.tokenexus.com/ of their goals. Nevertheless, let’s take a look at what the EOS team is looking to achieve. EOS was initially built on Ethereum as an ERC20 token, but has since split off onto its own mainnet.
Does EOS Have A Future?
In 2017 it increased its value by more than 10,000% and reached an all-time high of $130 billion in market capitalization. Not only this, but hundreds of cryptocurrency tokens have been built on top of the Ethereum blockchain and it is also home to over a thousand dApps. EOS has a currency circulating supply of 938 million tokens, and a total supply of over 1 billion, 24 million EOS coins. Ethereum has the larger market capitalization both due to a lower total supply and higher price per coin. Ethereum transactions have recently become the subject of controversy, as the popularity of DeFi projects grows and the sector expands to include additional new projects.
- Ethereum price predictions reach as high as $35,000 per token, and Option contract strike prices in the crypto derivatives market have reached as high as $20,000.
- EOS is a smart contract platform – similar to Ethereum’s design – that runs decentralized applications and smart contracts.
- Because Solidity is akin to JavaScript, the learning curve is less severe than with C++.
- If EOS does “kill” Ethereum or Ethereum devs cannot solve scalability issues, then it will outperform Ethereum.
- Before making financial investment decisions, do consult your financial advisor.
- As the clear market leader and first-mover, Bitcoin benefits from regulatory support, brand recognition, and much more.
That said, many users believe that KuCoin is one of the simpler exchanges on the current market. Ethereum is also looking to install two new protocols called “Sharding” and “Plasma”, which is eos better than ethereum will increase the number of transactions the network can handle. Ultimately, it is hoped that these solutions will allow Ethereum to process thousands of transactions per second.
EOS vs ETH: Which Is Better To Invest In For The Long or Short Term?
When it comes to EOS, although it is still in its early days, it has performed exceptionally well. As I mentioned earlier in my EOS VS Ethereum guide, the project raised more than $2.5 billion during its one-year ICO. For example, did you know that over 52,000 Facebook “Likes” happen every single second of the day? Every “Like” is an individual data transaction that the system has to process.
