Ethereum ($ETH) has outpaced Bitcoin ($BTC) in terms of growth. Over the past 24 hours, the leading altcoin has gained nearly 3%, and about 30% over the week. The price of $ETH on Saturday reached a seven-month high, surpassing $2.54 thousand for the first time since the end of January.
Bitcoin also continued its rise. Over 24 hours, it increased by 1.5%, and by 22% over the week. Its price is fluctuating around $77.3 thousand.
The price of Ethereum relative to the price of Bitcoin has also risen to levels seen at the end of January. The rate is approximately 0.032 $BTC per 1 $ETH.
In the third quarter, Ethereum's yield has already exceeded 55%. A similarly strong growth was observed last year, 2025, when $ETH appreciated by 65% by the end of the third quarter.
According to forecasts by Standard Chartered, Ethereum will reach a price of $4 thousand this year and $40 thousand by the end of the decade. Analysts attribute this to the fact that the Ethereum blockchain plays a central role in the developing decentralized finance (DeFi) market.
In mid-August, Ethereum co-founder Vitalik Buterin once again acknowledged the merits of the technologies underlying Bitcoin and outlined them as a way to scale Ethereum. Buterin noted that "the Bitcoin community deserves enormous thanks for being the first to propose many ideas" that could potentially be implemented in Ethereum.
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