As of April 13, 2025, the SOL/ETH ratio reached its highest point since January, standing at 0.082. The ETH/BTC pair is showing its lowest level since 2020 amid a significant decline in Ethereum.
This is reported by Finway
Ethereum co-founder Vitalik Buterin announced the possibility of accelerating network updates due to pressure from investors and competition from alternative blockchains. In his post on platform X (formerly Twitter), he noted that after the implementation of the Pectra update, “resistance to faster hard forks is practically absent.”
“Most prefer to dance kumbaya is vibes, not reality. From where I’m standing, there’s basically universal agreement among researchers that gas limit increase features are top priority for glamsterdam.” — vitalik.eth (@VitalikButerin) April 13, 2025
The Pectra update, scheduled for May 7, 2025, aims to enhance the capabilities of smart contracts for cryptocurrency wallets, increase staking limits, and improve data storage parameters. This update will be the largest since the launch of Dencun and will lay the groundwork for further development of Ethereum, according to Buterin.
Additionally, he mentioned plans for the Glamsterdam and Fusaka updates, emphasizing that increasing the gas limit will be a priority. If technical conditions allow, implementation may occur ahead of schedule.
In this context, the price of Ethereum continues to decline, while Solana shows better performance in the market. According to TradingView, on April 13, 2025, the SOL/ETH ratio on Binance rose by 40% compared to the beginning of the year.
Over the past three months, the price of Ethereum has dropped by 47.9%, reaching $1631, while the market capitalization of the cryptocurrency has fallen to $197.1 billion. At the same time, the price of Solana has decreased by 27.5% and is currently trading around $132, with a market capitalization of $68.7 billion.
Analysts note that the price difference between Ethereum and Solana has reached its highest level since January 2025. The ETH/BTC pair is also showing a decline, with the current ratio at 0.019, which is the lowest since January 2020.
It is worth noting that recently Ethereum developers discussed the future of the project and ways to reform it.