Tether is rapidly growing and about to surpass Ethereum in market capitalization, currently standing at approximately $308.5 billion.
Industry veteran Samson Mow predicts that Tether will overtake Ethereum to become the second-largest cryptocurrency by market cap this year.
While Ethereum has seen a 44.41% gain over the past week, Tether's stability and liquidity make it essential for crypto trading and DeFi transactions.
The intense discussion revolves around Tether's rise and its crucial role in market liquidity, with a potential shift in the crypto hierarchy looming if Tether's growth continues and Ethereum faces challenges.