According to Coinbase's latest report, Ethereum (CRYPTO:ETH) is expected to outshine other cryptocurrencies soon due to several key factors.

Despite lagging behind the broader market, ETH's year-to-date rise of 29% positions it favorably, supported by substantial liquidity sinks like staking and Layer 2 solutions.

Additionally, growing institutional interest in blockchain technology and decentralised finance (DeFi) further strengthens Ethereum's appeal.

The potential launch of spot Ethereum exchange-traded funds (ETFs) in the US could significantly boost liquidity and drive up its price, despite regulatory uncertainties.