Ether has not only broken $3k, but now also $3.1k, even though Bitcoin was only going sideways during the same time.
The supply of all Ethereum has also declined by an average of 0.21% per year since the merger in September 2022. Since then, 1.4 million ETH have been burned.
At the same time, the supply of ETH on exchanges is becoming smaller and smaller. This is despite the rising price of ETH.
The supply of Bitcoin has increased.
Things are looking good for ETH. When the ETFS are approved, the hype really starts.
