Ethereum Dominance Breaks Through 14%, Could Challenge Bitcoin’s Spot

Ethereum dominance has experienced a surge, hitting an impressive 14.59% in early August 2025, potentially challenging Bitcoin’s long-held position as the market leader. Analysts attribute this breakout to growing applications of decentralized finance (DeFi) and increasing interest from institutional investors. The rise marks a historic turnaround for Ethereum after struggling with prolonged downturns, suggesting a potential shift in dominance is underway.