There is a remarkable decomposition in crypto money markets. The largest subcoin Ethereum (ETH) $1,803.96Bitcoin during this year $82,177.37(BTC) suffered a significant depreciation against. With the fact that 1 ETH is now about 0.02191 BTC, this rate has declined to the lowest levels since May 2020. The ratio in question gives important signals about the long -term price balance of Ethereum.
ETH/BTC parity at the lowest level of the last 5 years
Ethereum’s Bitcoin His weak performance has become an indicator that investors follow carefully. 2025 and since the beginning of this year, ETH has lost about 40 percent against BTC. Right now Eth While trading for approximately 800 dollars, BTC is watching 82 thousand dollars. This gigantic difference represents a major breakage, especially for those who make transactions on ETH/BTC parity.

When the past data is examined, it is seen that ETH reached such a low value in 2020. Although there were similar decreases in 2019 and before, the speed and duration of this year’s withdrawal is more remarkable. According to experts, ETH’s depreciation is not only price -based, but Altcoin marketIt suggests that there is a significant transformation in terms of its perception.
ETH/BTC The decline in the parity is due to the increase in Bitcoin’s dominance on the market rather than Ethereum’s technical updates or network activities. In particular, developments in favor of Bitcoin, such as macroeconomic uncertainties and Spot ETF approval, disrupted the balance on the parity.
History did not repeat as expected after the block award was split
The last held in April 2024 Bitcoin block award splitting While the process provided indirect benefits to Ethereum in the past years, this time the situation developed differently. The 50 percent decrease in mining awards had created a positive market perception for ETH during the period of previous block award. However, this time there was a difference exceeding 50 percent in ETH/BTC parity and ETH could not perform the expected leap.
ETH, especially during the interruption of the previous block award, is a short -term BTC He had positive divergences against him. The fact that ETH falls so hard compared to the BTC after the last block award was interpreted by some analysts as “trend exchange .. At this point, the view that the market dynamics in which Ethereum had previously captured disappeared is now processed differently.
The basis of this separation lies not only the rise of the BTC, but also the rise of other Layer-1 projects that want to replace Ethereum. Especially solana (left) gained 24 percent since the beginning of the year, ETH could not make a similar rise. This is considered another indicator that investors have changed the route.
Solana’s rise left ETH in the background
Solana‘s performance in 2024 with Ethereum competition made even more visible. Layer-1 Blockchain projects competing between each passing day, while the great increase in the left attracted attention to this side. Unlike Ethereum, he has come to a serious market interest since the beginning of this year.
Technically fading with fast trading times, low costs and decentralized application infrastructure, it increases the attractiveness of investors in the eyes of investors. This leads to a more dynamic price performance than Ethereum. Especially NFT And Defi Although Ethereum maintains its weight in its field, the fact that new projects prefer Solana deepens this difference.
Although all these developments do not mean that Ethereum has completely lost its position in the market, it is a remarkable picture when combined with the depreciation against the BTC. For investors, the current table may require the reconsideration of long -term strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.