The Ethereum-to-Bitcoin ratio has fallen to its lowest level in five years after a dismal Ethereum price performance. As investors try to wrap their heads around the grim metric, Taproot Wizards co-founder Eric Wall has explained the reason behind the steep drop.
Eric Wall Highlights Reasons For ETH/BTC Ratio Collapse
Taproot Wizards co-founder Eric Wall has identified a raft of reasons behind the decline of the ETH/BTC ratio in 2025. The cryptocurrency expert revealed the factors behind the falling ETH/BTC ratio in an X post, hinging the bulk of the blame on Ethereum’s recent price performance.
The ETH/BTC ratio slumped to a five-year low after Ethereum bucked the trend of following Bitcoin on a rally after the halving event. While Bitcoin price rose to cross the $100K mark, Ethereum price has tumbled below $2,000 to reach lows of $1,400.
For Wall, one factor affecting the ETH/BTC ratio appears to be Ethereum’s position in a competitive landscape. Since its launch, several blockchains have cropped up to snag market share from the largest altcoin, offering cheaper fees and faster processing times.
The cryptocurrency expert argues that the absence of a Saylor-like buyer for ETH is playing its role in the decline of the ETH/BTC ratio. Michael Saylor’s BTC purchases have contributed to the asset’s performance, but Wall argues that Ethereum does not have a consistent buyer.
Wall adds that Bitcoin and gold have evolved into wartime assets in the current macroeconomic climate, while ETH is considered a “peacetime asset.” Gold has surged to new highs, sparking optimism that Bitcoin will follow in the same path for a similar rally, while the Ethereum price continues its unimpressive run.
The Merge Is Not Responsible For The Ratio Decline
Eric Wall notes that Ethereum’s Merge event is not responsible for the ETH/BTC slump, contrary to popular sentiment. Ethereum migrated from Proof-of-Work to Proof-of-Stake in 2022, with the ETH/BTC ratio tanking since the Merge.
“The ETHBTC ratio did not go down because of The Merge,” said Eric Wall.
However, pseudonymous cryptocurrency analyst Beanie argues that the Merge is the primary reason for the price decline. Rebuffing the speculation, Wall opines that Ethereum’s layer 2 tokens triggered network fragmentation after botching the “asset value capture narrative,” affecting the ETH/BTC ratio.
“Ethereum also stagnated into a depressingly small number of defi primitives relative to what past expectations were,” added Wall.
Ethereum is flashing signs of brilliance after ETH trading volume spiked to $17.5 billion in less than a day. ETH prices are exchanging hands at nearly 1,800 after an impressive 12% rally that saw it outperform SOL and XRP
Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects.
Hoskinson emphasized that judging a project solely by its token’s price is a flawed approach. He pointed out that Cardano has grown from a $72 million startup into a $25 billion ecosystem, with over 3 million users worldwide.
He stressed that Cardano has consistently delivered on its development roadmap, achieving major milestones while maintaining a focus on security, scalability, and decentralization.
Blasts Crypto Hype Culture
Mocking a recent trend where traders were encouraged to sell ADA for a now-collapsed project, Hoskinson criticized the “get rich quick” mentality. He warned against expecting 10x or 100x returns from fundamentally strong projects like Cardano, arguing that true success should be measured by technological innovation and real-world impact, not price speculation.
In the last 30 days, ADA’s price has climbed 4.1%, including an 11.9% rise over the past week. However, it saw a slight dip of 0.4% in the last 24 hours — a typical fluctuation in a volatile market.
Innovation Over Price: Hoskinson’s Message to Crypto Investors
Hoskinson urged the crypto community to shift focus from short-term price movements to genuine innovation. He also voiced his support for the Trump administration’s new efforts to bring regulatory clarity to the U.S. crypto sector, noting that clear regulations are essential for long-term industry growth.
Conclusion: Cardano’s Path Forward
Hoskinson’s message is clear: innovation, not hype, will determine the future leaders of the crypto industry. Despite criticism, Cardano’s consistent growth, robust technology, and regulatory-friendly approach position it as a project built for lasting success — not fleeting price pumps
The post Charles Hoskinson Slams Critics, Says Cardano’s Success Isn’t Just About Price appeared first on Coinpedia Fintech News
Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects. Speaking on a podcast with Gokhshtein Media, Hoskinson addressed the growing negativity in the crypto …
In the crypto space, utility-driven tokens have historically demonstrated explosive growth, with Binance Coin (BNB) standing out as a prime example. Back in 2020, BNB transformed from a simple exchange token into a powerhouse by expanding its ecosystem and offering tangible utility. Mutuum Finance (MUTM), currently priced at just $0.03 during its presale Phase 5, is positioned to follow a similar trajectory, backed by a comprehensive lending ecosystem, unique token utility, and strategic technological advances. This makes MUTM a highly compelling opportunity for investors looking to enter a project with strong fundamentals and imminent catalysts.
Back in 2020, Binance Coin (BNB) was trading under $10—ignored by most while a handful of early investors quietly stacked life-changing positions. Fast forward, and BNB hit nearly $700, turning modest entries into multi-million-dollar wins. Today, Mutuum Finance (MUTM) sits at just $0.03 in its Phase 5 presale, and whales are already moving in.
Over 50% of this phase is sold out, and the price will soon rise to $0.035, eventually hitting $0.06 by Phase 11. The setup is eerily familiar: a low-cap token with real demand on the horizon, quietly building before the breakout. Analysts suggest a climb to $0.40 or more post-listing—a 13x gain from today’s entry. That means a simple $2,000 investment now could return $26,000+. Ignore it like people ignored BNB, and you’ll watch others cash out from the sidelines. The window is closing fast.
A Lending Ecosystem Built for Flexibility and Growth
Mutuum Finance (MUTM) is designed as a decentralized, non-custodial liquidity protocol featuring two distinct lending models: peer-to-contract (P2C) and peer-to-peer (P2P). The P2C model targets stable and widely accepted cryptocurrencies like ETH, BTC, and ADA. Here, users deposit assets into shared liquidity pools managed by audited smart contracts. Borrowers then take out overcollateralized loans from these pools with interest rates dynamically adjusting based on real-time supply and demand. This creates an efficient, self-regulating lending environment that optimizes capital utilization while protecting liquidity providers.
What truly differentiates Mutuum Finance (MUTM) is its P2P lending model. Unlike traditional platforms, this model supports speculative and niche tokens—including popular meme coins such as Dogecoin (DOGE) and Pepe (PEPE). In the P2P setup, lenders and borrowers negotiate custom loan terms directly, including interest rates and durations. This allows for higher returns that match the elevated risk profile of these volatile assets. By isolating speculative loans from the core liquidity pools, Mutuum preserves protocol stability while expanding earning opportunities for users who seek to leverage emerging tokens.
Another innovative element is the introduction of mtTokens, which represent deposited assets plus accrued interest. These ERC-20 compliant tokens will not only track users’ shares in the liquidity pools but can also be staked in designated contracts to earn additional dividends. This creates multiple passive income streams for users—interest from lending and rewards through staking—maximizing the return on capital within the Mutuum ecosystem.
Robust Foundations Supporting Future Expansion
Mutuum Finance (MUTM) is designed with scalability and security at its core. The protocol will integrate Layer-2 technology to enable faster transactions with significantly lower fees, addressing common DeFi challenges such as network congestion and prohibitive gas costs. This technical edge will ensure a smoother user experience and attract more participants as the platform scales.
Security is a top priority for Mutuum. The protocol has undergone a thorough CertiK audit, a recognized benchmark for smart contract security. The audit includes static analysis and manual review, with a strong Token Scan score of 95.00 and a CertiK Skynet score of 76.50. This thorough vetting bolsters confidence in the platform’s safety and readiness for mainstream adoption.
Adding further depth to its ecosystem, Mutuum will launch a decentralized, overcollateralized stablecoin. This stablecoin is designed to maintain a $1 peg by adjusting borrowing interest rates and leveraging arbitrage incentives. Its issuance and burning will be strictly controlled via governance-approved “issuers,” ensuring that the stablecoin supply remains balanced and the protocol’s treasury stays secure. This stablecoin will provide additional utility and liquidity options, making Mutuum’s platform more versatile and attractive.
Mutuum Finance (MUTM)’s roadmap also features a beta platform launch coinciding with the token going live, giving users early access to test and engage with the ecosystem’s full functionality. This hands-on approach will generate user feedback and community growth, accelerating adoption. Moreover, an ongoing $100,000 giveaway rewards early supporters with significant token prizes, reinforcing user engagement and creating momentum as the project moves into subsequent presale phases.
The MUTM token itself is the backbone of the platform’s economic model. With a total supply capped at 4 billion tokens and over 12,550 holders so far, MUTM is still undervalued at $0.03 in Phase 5 of its presale. Users will benefit from multiple utilities: staking mtTokens will grant passive dividends funded by protocol revenue buybacks, and MUTM will be integral to future platform features. The combination of a capped supply, growing community, and active revenue distribution creates a strong value proposition for investors.
Currently, Mutuum has generated approximately $11.3 million in presale funds by Phase 5, underscoring growing market interest. However, with Phase 6 approaching and token prices set to rise to $0.035, this is the last opportunity to secure MUTM at the current low price. The growing user base, combined with imminent platform launches and a robust lending model, creates a perfect storm for significant token appreciation.
For more information about Mutuum Finance (MUTM) visit the links below:
The post Undervalued Crypto With Real Utility? This $0.03 Lending Token Could Do What Binance Coin (BNB) Did in 2020 appeared first on Coinpedia Fintech News
In the crypto space, utility-driven tokens have historically demonstrated explosive growth, with Binance Coin (BNB) standing out as a prime example. Back in 2020, BNB transformed from a simple exchange token into a powerhouse by expanding its ecosystem and offering tangible utility. Mutuum Finance (MUTM), currently priced at just $0.03 during its presale Phase 5, …
A lot happened this week in crypto, marking developments expected to continue shaping the industry. Important headlines came from administrative decisions, ecosystem developments, and analysts probing the market outlook.
In case you missed it, the following is a roundup of some of the most important developments in the crypto market this week.
XRP Lawsuit’s Jay Clayton Became New SDNY Attorney
“Trump’s former SEC Chair Jay Clayton has taken his position as interim US attorney for the Southern District of New York. He will serve for up to four months until confirmed by the Senate or appointed by Manhattan federal judges,” former Fox Business reporter Eleanor Terrett reported.
The move came as Democratic leaders in the Senate reportedly hinted at blocking Clayton’s nomination. Trump’s move to install him as interim could see Clayton avoid the Senate confirmation process.
Clayton is the legal expert who initially filed the longstanding legal action between the SEC and Ripple. As it happened, Clayton filed the lawsuit on December 22, 2020, and resigned the next day in what will be remembered as a “parting shot” for the agency.
Pi Network Pioneer Frustration Over Ambiguous Roadmap
Another crypto incident this week concerned Pi Network pioneers. As BeInCrypto reported, the controversial project released its Mainnet Migration Roadmap. However, it failed to impress pioneers as it lacked key details.
Specifically, several gaps sparked concerns, including failing to disclose how many Pioneers remain in the queue. Similarly, it was unable to show the network’s daily migration capacity. The absence of these figures makes it impossible for users to predict when their migration will occur.
Further, opaque criteria for node rewards and the UI’s “Transferable Balance” underestimating actual migrated amounts raised flags. Pi Network also offers no audit or error‑resolution process for users who spot mismatches in their historical mining data, exacerbating the fears.
“I thought we were mining all of these PI coins this whole time? I thought the security circles were the Consensus Mechanism. It kinda seems to me like there isn’t a blockchain, and never was one. What kind of “Blockchain protocol” would “Require” all tokens to be minted at genesis?” one community member wrote.
Pi Network (PI) price performance. Source: CoinGecko
Data on Coingecko shows PI coin was trading for $0.6539 as of this writing, up by a modest 1.1% in the last 24 hours.
Bitcoin Cycle Unfolds Noticeably Different From Previous Ones
More interestingly, BeInCrypto reported a concerning shift: this cycle is unfolding remarkably differently than the past ones post-halving.
In previous cycles, BTC price tended to rally aggressively months after the Bitcoin halving. The post-halving period saw strong upward momentum and parabolic price action.
This trend was largely driven by retail enthusiasm and speculative demand, which proved most pronounced from 2012 to 2016 and 2016 to 2020.
Things are happening differently in the current cycle. Instead of accelerating after the halving, the price surge began in October and December 2024, driven by Bitcoin ETF (exchange-traded funds) hype. This was followed by consolidation in January 2025 and a correction in late February.
PancakeSwap Announces CAKE Tokenomics Date
This week in crypto, PancakeSwap announced the official date for its CAKE tokenomics, April 23. As BeInCrypto reported, key changes included the removal of veCAKE, staking, and revenue sharing, with 5.3 million CAKE to be burned annually to curb supply.
However, there was also controversy as Cakepie DAO pushed back against veCAKE removal. Several developers and community members believe CAKE Tokenomics 3.0 will benefit the project in the long term.
“At its core, CAKE Tokenomics 3.0 defends true value and protects CAKE holders by strengthening long-term fundamentals—such as aggressively cutting emissions to accelerate deflation and sustainably grow value,” Chef Philip said.
Meanwhile, others voiced strong concerns on X (Twitter), criticizing the decision to eliminate veCAKE. Among them was Cakepie DAO, one of the largest veCAKE holders, who called it non-transparent and potentially damaging to projects built around that model.
Against this backdrop, PancakeSwap resorted to a $1.5 million CAKE compensation plan.
“PancakeSwap is willing to provide 1.5M USD in CAKE to CakePie DAO primarily used to compensate CKP Holders if CakePie DAO enables mCAKE holders to redeem 1:1 back to CAKE and opens the redemption page in a timely manner if the proposal passes. Detailed plans will be announced once the mirror proposal on CakePie is completed,” the Head Chef of PancakeSwap wrote.
Data on CoinGecko shows Pancake’s CAKE was trading for $2.12 as of this writing, up by nearly 10% in the last 24 hours.
Zora Airdrop and Token Launch Announcement
Adding to the list of the many events that happened this week in crypto, Zora Network announced that it would airdrop 1 billion ZORA tokens (10% of the total supply) on April 23. The tokens would reward early platform users across two snapshot periods.
As it happened, the crypto airdrop happened in style, sparking confusion as it lacked an official checker or claim site. Users were required to go to the contract address and check their allocations.
Speaking to BeInCrypto, Jesse Pollak, the creator of the Base blockchain, said that one must not understand anything about crypto or the underlying infrastructure before posting on Zora. He also defended the value of content coins, emphasizing their potential for creators despite volatility.
