BlockBeats News, March 31st, since Bitcoin's block reward halving last year, Ethereum's performance has been less than Bitcoin's for the first time. The ETH/BTC exchange rate dropped to a five-year low of 0.02193. This year, Ethereum has declined 39% relative to Bitcoin.
In May 2020, Ethereum was priced at 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, reaching 0.07007. This indicates that although the SOL token itself has fallen 35% year-to-date, its performance against Ethereum remains significantly better by 2025.
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