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TechFlow, April 26 — According to data from CryptoRank.io, Ethereum's (ETH) market share has dropped to just 7.4%, nearing 2020 levels. Compared to 2021, when 1 ETH was worth 0.08 BTC, today 1 ETH is equivalent to only 0.018 BTC, a fourfold decline in ETH/BTC. Meanwhile, the exchange ratio between ETH and Solana (SOL) has fallen from 1:111 in 2023 to 1:11.5 today, marking a tenfold reduction in ETH/SOL.
According to data from CryptoRank.io, Ethereum's (ETH) market share has dropped to just 7.4%, approaching 2020 levels. In 2021, 1 ETH was worth 0.08 BTC; today, 1 ETH is equivalent to only 0.018 BTC, a 4x reduction in ETH/BTC. At the same time, the exchange ratio between ETH and Solana (SOL) has fallen from 1:111 in 2023 to 1:11.5 today, a 10x reduction in ETH/SOL.
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