Ether is outperforming Bitcoin by the greatest amount this year since the native token of the Ethereum network was launched in 2015 as an alternative to the original cryptocurrency.
While both are down from record highs set earlier this month, Ether has gained about 530% since December, compared with a doubling in value by Bitcoin, widening the performance gap between the two by more than 400 percentage points. Bitcoin’s market value is still almost double that of Ether at about $1.1 trillion, according to data from CoinMarketCap.com.