Ethereum has emerged as the standout performer in the crypto space, climbing 56% in just a month—its strongest gain in three years.
Unlike Bitcoin, whose recent rally appears capped despite hitting $123,000, Ethereum has doubled in value over the past three months and shows no signs of slowing.
According to CryptoQuant, the surge isn’t due to capital shifting from Bitcoin, but rather an influx of entirely new investment. ETF activity supports this theory—spot Ether ETFs have now seen 19 consecutive days of net inflows, the longest streak on record.
Bloomberg’s Eric Balchunas likened Ethereum to the breakout tech stocks of the 1990s, praising its accelerating adoption and network growth.
In his view, Ethereum’s trajectory represents innovation-first expansion, in contrast to Bitcoin’s “digital gold” narrative.
While both blockchains dominate headlines, Ethereum’s explosive growth and institutional backing are redefining how investors see altcoins in today’s market.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/ethereum-surges-past-bitcoin-as-etfs-and-new-capital-drive-momentum/