According to Cryptoquant data, Ethereum is underperforming Bitcoin 2 years after the merger

Ethereum has underperformed bitcoin by 44% since The Merge, according to Cryptoquant research. Despite significant updates and the recent approval of Ethereum exchange-traded funds (ETFs), the cryptocurrency continues to face challenges related to bitcoin. Cryptoquant: Ethereum underperforms Bitcoin by 44% Ethereum’s transition to a proof-of-stake (PoS) blockchain, known as Merge, has taken place (…)