Ethereum beats Bitcoin in this area: Will ETH’s growth continue?

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Ethereum surpasses Bitcoin and several other cryptocurrencies in year-to-date performance. Will ETH see green?

has had a tumultuous time in 2024, with prices seeing massive fluctuations during this period. Despite the volatile trajectory of ETH’s price movement, it has still managed to outperform BTC.According to Artemis’ data, Ethereum not only outperformed Bitcoin in 2024, but also managed to outpace tokens in other sectors such as AI, Data Services and RWA .Interestingly, the surge in Ethereum’s price over the last year was driven by retail investors.

In contrast to that, whale investors were observed to be selling their holdings and were not showing any interest in accumulation. However, large sell-offs from whales may impact the price movement of ETH negatively in the short term.and its price had surged by 0.21% in the last 24 hours. Despite the surge in price, the Network Growth had plummeted over the last few days.

 

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