Since then, Ethereum has climbed more than 150%, far outpacing Bitcoin’s 65% gain over the same period. This divergence suggests a growing risk appetite among traders looking beyond BTC for more substantial returns.
At the same time, total market capitalization for altcoins has seen a notable uptick, pointing to renewed investor interest outside Bitcoin.
Chen stated that Ethereum’s climb is tied to fundamental factors and not just market speculation.
Moreover, the shift in ETH’s market performance reflects a broader change in sentiment toward the network itself. Ethereum is increasingly seen as the foundational layer for innovations like stablecoins and asset tokenization, which has led to growing interest from institutional investors.
“We’re finally talking about ETH the asset and slowly starting to value it the way it should be valued. As a world reserve asset. ETH is like gold or bitcoin with yield.”
