PlanB: Ethereum lags behind Bitcoin for a decade, ETH/BTC ratio remains at 2016 levels

Odaily Planet Daily reported that on-chain analyst PlanB stated on platform X that, while not wanting to downplay Ethereum, based on the ETH/BTC trend, Ethereum has underperformed Bitcoin over the past decade. The current ETH/BTC ratio is still around 0.026, roughly equivalent to its level in March 2016. During the 2023/2024 crypto bull market, Ethereum did not experience a significant surge, a similar situation observed in 2017 and 2021. Even now, Ethereum still lacks upward momentum relative to Bitcoin.