Canary Capital CEO Steven McClurg predicts Bitcoin could reach $150,000 by year-end, driven by rising institutional demand and ETF inflows. He suggests the recent surge in Ethereum may not continue and views the blockchain as outdated compared to newer technologies like Solana and Sui. Despite Ethereum's notable gains, McClurg expresses skepticism, highlighting the dominance of its developer ecosystem while warning that competition is emerging. Another analyst counters McClurg's view, asserting that Ethereum's developer network is a key strength. Additionally, concerns arise around Ethereum's sell pressure due to a backlog of unstaked tokens valued at approximately $3.7 billion. Overall, McClurg anticipates continued Bitcoin strength amid inflation concerns and predicted seasonal trends that may favor cryptocurrencies in the coming months.

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