By the end of 2020, traders are looking forward to the best altcoins that promise to be successful in 2021. Wondering what crypto to trade? Note that Ethereum topped the list of the best-performing altcoins in 2020.
Investors’ excitement over ETH was driven by the launch of the Ethereum 2.0, which is one of the major historical milestones, celebrating the debut of the network’s proof of stake algorithm.
Along with Bitcoin, Ethereum will also become one of the cryptocurrencies, supported by PayPal, which will also contribute greatly to the crypto’s adoption.
The skyrocketing growth of various Ethereum-based decentralised finance platforms (DeFi) will also boost Ethereum’s popularity among traders.
Should altcoin rally continue into 2021, investors will be closely watching the Ethereum performance and make their own predictions on whether it could surpass its all-time high of $1,394 within the next 12 months.