Not any time soon it wont but I feel once the next halving takes place and even better and more powerful blockchains are created that a large sum of the capital in bitcoin will move to these other blockchains instead. We just aren't there yet and it's going to take a while.
Full agree on that 2nd part about LEO and Hive. Hive's marketcap is crazy small only a little over 200 million that's a seriously small piece of the 1.65 Trillion dollars. It wouldn't take much for someone to jump into Hive and buy out a good share of it. Seriously there is huge potential here and a huge amount of growth to still be done on this platform.
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Perhaps it will move but also BTC miners will look to more profitable and greener/renewable energy sources though as these big companies and institutions are pretty much buying every BTC that a certain mining farm is minting. It's an interesting race to watch!
There's certainly a lot of room to move now I feel we've been through the worst of it on HIVE - most of the big accounts that powered down and left have gone now and there's a lot on the exchanges now waiting to be gobbled up! Again, very interesting one to watch and be a part of!