Ethereum Outperforms Bitcoin for Second Month, Market Cap Nears $500B
Ethereum has been making waves in the crypto market, outperforming Bitcoin for the second month in a row. This surge in performance is driven by investor demand for yield-bearing assets, with Ethereum's market cap closing in on Bitcoin's valuation. Meanwhile, a new Telegram-based crypto trading assistant, Snorter Bot, is gaining traction in its presale.
Ethereum's impressive run continued into Q3 2025, with a 66.8% surge compared to Bitcoin's 6.3%. This growth was supported by steady treasury inflows, with a net accumulation of 3.4 million ETH worth $14.6 billion. Companies also held approximately 3.68 million ETH in their treasuries during this period, reflecting the growing institutional interest in Ethereum.
Ethereum's market cap reached $522 billion, capturing 10% of the total crypto market share. This significant increase has narrowed the gap with Bitcoin's $2.3 trillion valuation. Looking ahead, Ethereum price faces resistance at $4,500 but has potential upside targets towards $4,750 in October.
Ethereum's strong performance and growing institutional interest have positioned it as a serious competitor to Bitcoin. As Ethereum continues to close the gap in market cap, investors are watching closely to see if this trend will continue. Meanwhile, Snorter Bot's presale is gaining momentum, offering a new tool for traders to manage their tokens efficiently.
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