The Ethereum cryptocurrency shows an impressive recreational movement in May and even exceeds Bitcoin with its performance. These are the reasons.
• Ethereum in May with stronger performance than Bitcoin
• further away to the all -time high
• Trend reversal through pectra update and higher risk to risks among investors
Ether with outperformance compared to Bitcoin
After it was previously volatile at the cryptom market this year, the two largest cryptocurrencies have recently become an upward trend. Ethereum in particular has been going up in the past few weeks. Since the beginning of the month, the ether course has already increased by 47.21 percent, which recently cost the second largest cryptocurrency $ 2,641.23. The Bitcoin has so far increased by 17.4 percent to $ 111,123.17 in May (state of the data: May 22, 2025).
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Ethereum was able to significantly exceed the price development of Bitcoin. In addition, Ether has the best monthly performance since November when it was 47.8 percent for cryptocurrency. However, it is still a long way to do this up to your record high at 4,891.70 US dollars – the ether course is also missing around 85 percent (state of the data: 22.05.2025).
The current situation represents a clear difference to last year and at the beginning of the current year: At that time Ether lagged behind the Bitcoin. While Bitcoin attracted significantly more institutional interest, the Ethereum blockchain was exposed to increasing competitive pressure through platforms such as Solana, explains Marketwatch.
That drives the Ethereum course
According to Alex Cheung, OTC dealer at Abra Prime, a central factor for the latest strength of Ether, but the successful pectra upgrade of Ethereum blockchain is likely to be. This is the largest technical revision since 2022 and is intended to improve user -friendliness in the long term and create the basis for faster and cheaper transactions.
The market reacted positively: After a five-year low before the upgrade, the ETH/BTC ratio reached a new high since March 9, and the open interest on ether derivatives also increased significantly.
On May 7, the financing rates for permanent ether contracts on almost all derivate exchanges also turned positive. These sentences reflect regular payments between market participants, the unlimited futures action. An increase in financing interest signals that retailers with long positions pay a premium of traders with short positions-an indication of increasing optimism in the market, says Marketwatch.
Anthony Rousseau, head of brokerage solutions for tradestation, sees the innovations through the PECTRA upgrade alone, however, there is no sufficient trigger for a sustainable turnaround at Ether. In his opinion, the latest upswing is more likely to be due to the fact that investors would increasingly rely on undervalued assets – a sign of growing risks in the market. “This was more of a reversal of the average, since the capital flows into weaker assets,” he told the news portal.
Joel Kruger from the Lmax Group also sees a potential signal for an upcoming outperformance of further old coins in the ether strength: “Historical data indicate that old coins will probably experience a phase of outperformance if ETH is relatively strong towards Bitcoin,” said Kruger according to Marketwatch.
Editor finance.net
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