Ethereum has experienced a substantial price surge of 105% over the past three months, significantly outpacing Bitcoin’s concurrent increase of 23%. This dramatic rally coincides with a major influx from institutional and corporate investors.
Analysis reveals institutions have acquired over $10 billion worth of Ether (ETH) since the middle of May. This substantial institutional demand far exceeds the new ETH issued during the same period by a factor of approximately 32 times.
The surge is attributed to Ethereum’s foundational role in key blockchain sectors. Its network hosts the majority of decentralized finance (DeFi) protocols, serves as the primary platform for non-fungible tokens (NFTs), and is central to the expanding Web3 ecosystem.
The heightened institutional participation provides significant validation for Ethereum’s fundamental utility beyond purely speculative trading. This influx enhances overall market liquidity and supports the potential for sustained price momentum.
Further signaling Ethereum’s growing prominence, the ETH/BTC ratio has climbed to 0.031. This ratio indicates Ethereum’s increasing valuation relative to Bitcoin and underscores its expanding utility beyond Bitcoin’s established position.