#ETH ranks second in terms of capitalization with a huge gap from third place (Tether is more than three times smaller). In addition, if you look at the last two Bitcoin halvings (in 2016 and 2020), you will find that in the year and a half after each, Ethereum grew by more than 12,000% and 2,000%, respectively. Of course, in 2024 it would be quite reckless to expect such figures: after all, in July 2016, the coin cost about $10. And at the end of 2023 - almost $2,400. However, such statistics allow us to believe in the rapid growth of ether. The coin may also be supported by the Dencum update, which is expected in the first quarter of 2024.