On April 15th, Ethereum recently outperformed Bitcoin, with the ETH/BTC exchange rate rising to approximately 0.0313, the highest level in three months, but still well below the peak in January.



The improvement in this ratio is attributed to strong on-chain activity on Ethereum: quarterly new user growth surged by 82%, transaction volume hit a record high, and the total supply of stablecoins reached a historic peak of $180 billion.

Analysts say that Ethereum must close above the 0.035 level on the weekly chart to signal that the capital rotation into Ethereum is sustainable rather than a short-term rebound; especially since Ethereum's current price is still more than 50% below its 52-week high.
ETH-1.67%
BTC-1.76%
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