As gas fees continue to decrease and applications continue to expand, the ETH/BTC exchange rate will gradually recover.
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余烬Ember
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Discussion topic: Everyone knows that ETH's price performance this year is not as good as BTC. The ETH/BTC exchange rate has dropped from 0.061 at the beginning of the year to 0.044 now. But at the same time, there are also many whales/institutions betting on ETH, such as Brother Sun: He bought 452,900 ETH ($1.3387B) this year. Based on the current ETH/BTC exchange rate of 0.044, do you think the exchange rate will rise or continue to fall in the next year?
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