On Polymarket, the probability of ETH dropping out of the top two in market capitalization within the year has risen to 59%.

The key point is not whether this number is accurate. Rather, the market has started to seriously trade another matter: the position of ETH as the 'default second place' may no longer be a consensus.

Think about four years ago, when everyone was still discussing ETH surpassing BTC.

The world is cold and indifferent 😔