14-4-2025 – Solana has eclipsed Ethereum, with the SOL-to-ETH price ratio on Binance climbing to an unprecedented 8.1%. This milestone reflects a near 40% leap from its 5.8% mark at the year’s outset, painting a vivid picture of shifting tides in the digital asset realm.
The past week has been kind to Solana, its value surging by more than 10%, while Ethereum endured a parallel decline, shedding roughly the same percentage. This divergence has reshaped market dynamics, with Solana capitalising on a growing appetite for cost-efficient blockchain solutions. Meanwhile, the ETH-to-BTC ratio has slumped to 1.9%, a nadir not seen since early 2020, according to TradingView’s meticulous tracking.
Since November 2024 (Bangkok), I’ve been saying:
1. The Ethereum Foundation (EF) was not the main issue
2. The leadership change will help, but given point 1, it won’t be highly significant
3. More blood will be spilled before people fully recognize the depth of the problem (bad… https://t.co/mTD6p0MDhL— Fede’s intern 🥊 (@fede_intern) April 13, 2025
Amid these fluctuations, Ethereum’s co-founder, Vitalik Buterin, has taken to X to address murmurs of discontent, signalling a brisk pace for future network enhancements. With the Pectra upgrade, set to launch on May 7, Ethereum aims to refine account abstraction, expand staking thresholds, and sharpen rollup efficiency through increased blob capacity. This follows the Dencun upgrade of March 2024, marking Pectra as a pivotal step forward. Buterin’s comments hint at an accelerated roadmap, with the tantalising prospect of the “Glamsterdam” upgrade arriving sooner than expected, should critical features align.