Skip to content
Markets
Crypto

Ether Outperforms Bitcoin as Excitement Builds for Software Upgrade

  • Ethereum’s migration to proof-of-stake is scheduled this year
  • Ether rallied after successful merge in testnet last week
Video player cover image
Here's Why Bitcoin Is The Least Popular Inflation Hedge
Updated on
From

Ether is outperforming its better-known-rival Bitcoin once again as optimism over a long-sought update that promises to reduce the carbon footprint of the world’s most-used blockchain appears to be getting closer to fruition. 

Ether, the native cryptocurrency of the Ethereum blockchain, has rallied more than 16% in the past seven days, while Bitcoin rose 8.4%. So far this year, Ether is down about 17% and Bitcoin has fallen roughly 7%.