19-7-2025 – Ernst & Young’s global blockchain leader Paul Brody declared that Ethereum will surpass Bitcoin as the dominant cryptocurrency, citing enterprise adoption and tokenization trends following the passage of federal stablecoin legislation.

Speaking to CNBC, Brody predicted a “stampede” of institutional adoption as banks and enterprises incorporate ETH into their treasuries after the GENIUS Act provided regulatory clarity. He pointed to Robinhood’s recent Layer 2 launch on Ethereum and growing tokenization activity as catalysts that will drive network demand beyond Bitcoin’s current levels. “Because ETH is the power of all these transactions in the Ethereum ecosystem, it will drive tremendous demand for ETH to a much larger asset than Bitcoin,” Brody stated.

The prediction aligns with recent market momentum showing renewed institutional interest in Ethereum. Corporate ETH holdings have reached $6 billion, with companies like SharpLink Gaming and BitMine crossing the $1 billion threshold in Ethereum treasury allocations within three months. BitMine has announced plans to acquire 6 million ETH—representing 5% of the total supply—to capitalize on expected staking rewards and tokenization growth.

Market data supports the institutional shift, with the ETH/BTC ratio recovering 72% from its five-year low of 0.017 to 0.030 between May and July. Coinbase reported that Ethereum’s perpetual trading volume nearly doubled Bitcoin’s in recent sessions, hitting $106 billion and representing 37% of global crypto market activity.

Options traders are positioning for further gains, with probabilities for ETH reaching $4,000 by July 25 increasing 14% and $5,000 by year-end up 27%.