| Mobile Web

Ethereum's market cap No. 2 position wavers as Polymarket sees 59 percent odds of losing to Tether in 2026

Betting markets are increasingly pricing the risk that Ethereum will not hold the No. 2 spot in cryptocurrency market value in 2026. Cointelegraph reported that Polymarket traders wagered the probability of Ethereum being pushed out of second place at more than 59 percent, up from 17 percent at the start of the year. The shift reflects rapid growth in stablecoins such as Tether and USD Coin, while Ethereum’s market-cap growth and institutional demand have lagged.