Why is the ether price outperforming that of bitcoin? Will this upside trajectory continue?
Several factors have been playing into ETH price gains. First and foremost is the deflationary model that the Ethereum ecosystem follows. Not every token can use this model, but in ETH it works flawlessly.
The second factor supporting Ethereum's rapid growth is the likely future alignment of ETH-denominated spot ETFs. Increased demand for the underlying asset in the event of the launch of such exchange-traded products will contribute to an extension of the rally.
Another attractive point for the market is the lower entry threshold than BTC. ETH is initially cheaper than BTC.
