Ethereum Leaves XRP, SOL In The Dust This Week — What’s Going On?
Posted On May 15, 2025
Ethereum was trading lower early Thursday, reversing a searing rally that made it the most successful large-cap coin over the week.
What happened: The second-largest cryptocurrency by market capitalization fell below $2,600 on profit-taking, having reclaimed $2,700 the day before. The trading volume dropped 34% in the last 24 hours.
ETH, which has been a major underperformer this year, rose sharply on favorable macroeconomic developments, such as the U.S.-China tariff de-escalation and the softer-than-expected consumer inflation data.
See Also: Anthony Scaramucci Says Once Bitcoin Hits $500,000 It Will Be Considered An Asset Class Just Like Gold
The rally has pushed it to levels not seen since …
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