As the prices of BTC and SOL surge, Crypto X is gradually fading out of Ethereum

Niti998

The price of Ethereum (ETH) relative to Bitcoin (BTC) and Solana has dropped to levels not seen in years, prompting some critics on social media to predict the "death" of Ethereum. As some critics noticed that Ethereum's price has consistently lagged behind Bitcoin (BTC) and other strong-performing altcoins, Ethereum bulls are forced to defend against a wave of criticism against Crypto X.According to data from CoinMarketCap, the price chart of Ethereum against Bitcoin (measured as 1 ETH to 1 BTC) temporarily dropped below 0.05 on May 20, reaching the lowest level in two years (since May 2021).During the last bull market, this ratio peaked at 0.087 in December 2021 but has been on a declining trend since then. At the beginning of 2023, the ratio was around 0.072, experiencing a subsequent decline.

977Iti

Ethereum seems to be falling behind a bit.

Samiksha

Looks like there's no way around it.

Indra55

Just like people, some rise, and some fall into despair.