PlanB: Ethereum Has Lagged Behind Bitcoin for a Decade, ETH/BTC Ratio Still at 2016 Levels

Odaily reports that on-chain analyst PlanB posted on X platform, stating that although he doesn't want to disparage Ethereum, based on the ETH/BTC trend, Ethereum has underperformed Bitcoin over the past decade. The current ETH/BTC ratio remains around 0.026, a level comparable to March 2016. During the crypto bull market of 2023/2024, Ethereum did not see a significant surge, a situation similar to 2017 and 2021. Even now, Ethereum still lacks upward momentum relative to Bitcoin.