ETH/BTC exchange rate falls to five-year low, SOL outperforms Ethereum significantly in 2025
This article is machine translated
Show original
Planet Daily News: Since Bitcoin's block reward halving last year, Ethereum has underperformed Bitcoin, which is the first time this has occurred. The ETH/BTC exchange rate has dropped to a five-year low of 0.02193. This year, Ethereum has declined 39% relative to Bitcoin. In May 2020, Ethereum was priced around $200, with Bitcoin slightly below $10,000. Today, Ethereum is priced around $1,800, while Bitcoin is around $82,000. The current downturn echoes the poor performance in 2019, further highlighting Ethereum's relative weakness, especially compared to other Layer 1 assets. The SOL/ETH exchange rate has risen 24% year-to-date to 0.07007. This indicates that despite the SOL token itself declining 35% this year, SOL's performance is still significantly better than Ethereum's in 2025. (CoinDesk)
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content