Introduction
In September 2021, GMO Coin conducted a survey among its users, asking which cryptocurrency they expected to rise the most. Ethereum (ETH) emerged as the top choice. This article explores ETH's trading trends from 2020 to 2021, comparing them with Bitcoin (BTC) using the "BTC ratio" metric—the proportion of ETH trading volume relative to BTC's trading volume (set at 100%).
Key Findings: ETH vs. BTC Trading Trends
Annual Comparison (2020 vs. 2021)
- 2020: ETH's BTC ratio averaged 15%.
- 2021: ETH's ratio surged to 53%, indicating ETH trading volume exceeded half of BTC's.
👉 Discover how ETH outperformed BTC in 2021
Monthly Breakdown
2020 Trends
- Lowest Ratio: May 2020 (8%).
- Highest Ratio: November 2020 (25%).
2021 Trends
- Lowest Ratio: March 2021 (30%).
- Peaks: May and September 2021 (85%), showcasing ETH's growing dominance.
Why Ethereum Gained Momentum
- DeFi and Smart Contracts: ETH's utility in decentralized finance (DeFi) and dApps drove demand.
- Institutional Interest: Increased adoption by enterprises and developers.
- Market Sentiment: Survey results reflected user confidence in ETH's long-term potential.
GMO Coin's Commitment to Users
Under GMO Financial Holdings' vision—"Making financial services more affordable, enjoyable, and free"—we continuously improve our platform to deliver secure, user-centric trading experiences.
FAQ Section
Q1: How is the BTC ratio calculated?
A: It’s the percentage of ETH trading volume relative to BTC’s volume (set at 100%).
Q2: What caused ETH’s ratio to spike in 2021?
A: Factors include DeFi growth, ETH 2.0 upgrades, and heightened institutional interest.
Q3: Where can I track real-time ETH/BTC data?
A: GMO Coin’s platform provides live charts, prices, and news for all listed assets.
👉 Explore GMO Coin’s crypto tools
Conclusion
Ethereum’s rising BTC ratio highlights its evolving role in crypto markets. GMO Coin remains dedicated to offering transparent, data-driven insights to empower traders.