PANews reported on August 7 that according to CoinDesk, the sharp rise in SOL has brought the SOL/ETH ratio to a record high of 0.062, up 7.5% in the past 24 hours and 13.6% in the past week. The ETH/BTC ratio also fell to its lowest point in three years, and ETH has completely reversed any relative gains since the SEC expressed its intention to approve a spot Ethereum ETF in May.