ETH/BTC Ratio Jump to 0.0313 as Stablecoins Hit $180B
ETH/BTC ratio climb reach 0.0313, di best level since January, after e drop for February near 0.028. New data dey show say Ethereum network activity strong well and stablecoins dey expand quick as the main drivers. Ethereum add about 284,000 new users in Q1 2026 (+82% QoQ), and on-chain stablecoin supply hit record $180B, with Ethereum holding around 60% of global stablecoins.
Traders dey look for confirmation now. Analysts talk say ETH/BTC need weekly close above 0.035 to signal say di rotation go stick to ETH and no be just small bounce. For price terms, ETH still more than 50% below im 52-week high, with near-term resistance around $2,400–$2,500.
Overall, di move dey supported by demand-side metrics (users, transactions) and liquidity inflows (stablecoins), but technical follow-through—especially the 0.035 weekly ETH/BTC level—likely go determine whether dis one go become sustained relative-strength trend.
Bullish
Di new dem good for ETH vs BTC because ETH/BTC don climb to 0.0313 with stablecoin growth reach record and Ethereum user/transaction activity strong pass before. That mix normally support money flow into ETH. But both articles talk say traders make dem wait for technical confirmation: weekly close for ETH/BTC above 0.035 na dem call threshold to upgrade the move from bounce to breakout. For near-term, plenty overhead resistance (ETH still more than 50% under its 52-week high, resistance around $2,400–$2,500) so risk say price fit reject, meaning impact go strong if ETH/BTC hold above 0.035 and ETH fit clear those resistance zones. Long-term, steady stablecoin-led liquidity and higher network usage go favor continued rotation into ETH.