Ethereum’s Price Challenge: Can It Break Through Bitcoin’s New High?

Ethereum (ETH) is seeing strong gains, reaching a valuation of $2,511.11 on May 21, 2025, signaling a daily increase of 0.4% and a weekly rise of 3.4%. While this marks a positive trend, it pales in comparison to Bitcoin’s historic surge past the $110,000 mark. Despite its slower pace compared to Bitcoin, Ethereum still gained momentum with a remarkable 59.3% rise over a month, fueled by increased attention towards Bitcoin ETFs and institutional interest in layer-one blockchains. This contrast is evident as Bitcoin’s daily gains stood at 7.5% during the same timeframe, while Ethereum experienced fluctuations between $2,473.89 and $2,600. Market analysts are closely observing this dynamic relationship to gauge market sentiment about the crypto landscape.