According to a report from Deep Tide TechFlow on April 26, data from CryptoRank.io shows that the market share of Ethereum ( ETH ) has dropped to only 7.4%, close to the 2020 level. In comparison to 2021, 1 ETH was worth 0.08 BTC; now, 1 ETH is only equivalent to 0.018 BTC, meaning ETH/BTC has shrunk by 4 times. At the same time, the exchange rate between ETH and Solana ( SOL ) has also decreased from 1:111 in 2023 to now 1:11.5, indicating a 10-fold reduction in ETH/SOL.
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According to a report from Deep Tide TechFlow on April 26, data from CryptoRank.io shows that the market share of Ethereum ( ETH ) has dropped to only 7.4%, close to the 2020 level. In comparison to 2021, 1 ETH was worth 0.08 BTC; now, 1 ETH is only equivalent to 0.018 BTC, meaning ETH/BTC has shrunk by 4 times. At the same time, the exchange rate between ETH and Solana ( SOL ) has also decreased from 1:111 in 2023 to now 1:11.5, indicating a 10-fold reduction in ETH/SOL.