BTC multiple 2025 vs. 2020: 14.2x ETH multiple same timeframe: 28.x Keep things in perspective, timeframes matter. With ETH being foundation of onchain AI economy and BTC "only" being a SoV within it, expect this multiple difference to widen even more by a large degree.
From a macro perspective, the major crypto assets keep getting bigger. There are more tokens than ever, but the concentration of value among the top 10 has remained shockingly consistent
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