Ethereum Beats Bitcoin As ETH/BTC Ratio Hits Highest Level Since January

The ETH/BTC ratio climbed to approximately 0.0313, marking the highest level since January.

“Ether-bitcoin ratio bounces from 2026 lows, signaling broader crypto recovery The ETH/BTC ratio hit its highest since January as Ethereum's network added 284,000 new users in Q1 and stablecoin supply reached a record $180 billion”

@coindesk

Network activity on Ethereum surged, including an 82% quarterly jump in new users to 284,000.

@coindesk

Stablecoin supply reached an all-time high of $180 billion, with Ethereum holding roughly 60% of the global market.

Santiment reported funding rates displaying familiar $ETH greed signals.

Wallets holding at least 100,000 ETH increased from 54 to 57.

Funding rates on Binance remained negative even as ETH rose 35% from its February lows.

Investors had added approximately 350,000 ETH to open interest on Binance.

Bitcoin World

Funding rates have since started to turn positive, currently around +0.01%.

Trader Ted Pillows highlighted $2,400 as a key resistance level.

Bitmine Immersion Technologies posted a $3.8 billion quarterly loss as it pivoted to ETH accumulation.

Analysts offered cautious optimism about the ETH/BTC rebound.

“Buy cryptoMarketsTradingFuturosEarnAICentroMás Buy cryptoMarketsTradingFuturosEarnAICentroMás Bitget News The ETH/BTC ratio is rebounding from the 2026 low, signaling a general recovery in the crypto market”

Bitget

CryptoAnu noted that ETH still faces resistance around $2,400.

The broader context includes regulatory clarity and technological upgrades.

The ETH/BTC ratio serves as a vital barometer for altcoin market health.

A sustained break above 0.035 could attract further capital rotation.