The day before ChatGPT was asked to comment on what is happening in the cryptocurrency world – but in the context of the ten-year future. In general, the bot thought that the digital asset industry will become much more popular, because more people will use it.

Artificial Intelligence also predicted clearer regulation for decentralized assets, the attraction of large professional investors, and the use of blockchain in new areas of business. And while such expectations seem logical, they will clearly happen sooner than by 2033.

What will happen to Etherium

Bitcoin has been the market’s most popular cryptocurrency since its inception. As of today, BTC accounts for 44.4 per cent of the total capitalisation of the digital asset industry, while Etherium’s corresponding figure is 18.6 per cent. This means that altcoin has a critical place in the digital asset ecosystem.

On top of that, Ethereum can be described as a much more advanced project in terms of functionality. First of all, it supports the operation of smart contracts, so the blockchain’s capabilities are essentially limited only by the imagination of its developers. On top of that, Eth continues to evolve even now. In September 2022, for example, blockchain switched to the Proof-of-Stake consensus algorithm, which made it 99.9 percent less energy consuming.

Since that day, by the way, the cryptocurrency’s total supply has fallen by nearly a quarter of a million coins due to the constant burning of ETH as commissions. And this is also an important point for investors, who are traditionally interested in assets with limited or even deflationary supply.

The likelihood of Etherium reaching the number one position in the ranking of all cryptocurrencies by market capitalization was tried with ChatGPT: for this purpose journalists of CryptoPotato conducted a small experiment with a chatbot. Their query to the AI translates as follows.

Do you think the price of Etherium could surpass that of Bitcoin in the next five years?

Chatbot replied that the likelihood of this happening depends on several factors. The first is the speed of adoption of both cryptocurrencies. According to ChatGPT, Ethereum’s robust ecosystem, as well as popular uses of the network in the form of the decentralised finance industry, new smart contracts, NFT and others are able to help it overtake Bitcoin in the necessary metrics.

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And this is an important point. ChatGPT only has available knowledge on the topic until September 2021. Accordingly, the chatbot is not yet “aware” of the transition of Etherium to the new Proof-of-Stake consensus algorithm last September. Overall, ChatGPT believes that this factor can also be called positive for the altcoin.

The switch to PoS has already happened and so far has not helped Ether much in “accelerating” its capitalisation. Perhaps additional conditions voiced by artificial intelligence are required here. For example, more favourable industry regulation, which is still lagging – and especially in the US.

To be fair, the bot is also unaware of the launch of NFT on the Bitcoin network using the Ordinals protocol, which took place in early 2023. And now BTC is already generating several million dollars of trading volume in this area, creating competition to Etherium. It is possible that in the near future, the first cryptocurrency could still become the leader in this race – at least for a while.

Overall, ChatGPT has taken a more cautious stance and has not given a straight yes or no answer. This was somewhat expected, but the artificial intelligence still picked up some successful arguments for its answer.

Of course, the above should not be seen as investment advice, as the bot is not predicting the future, but only analysing the facts on hand. Accordingly, further developments may follow a completely different scenario.


We believe that sooner or later, Etherium could indeed overtake Bitcoin in terms of market capitalisation. This will be facilitated by more active development of the Eth network, whose developers should in the future implement the long-awaited sharding and thereby increase the blockchain's throughput. Such improvements will allow more and more users to use the network, which will definitely have a positive impact on the prospects for the decentralised asset at its core.