The Ether-Bitcoin (ETH/BTC) ratio remains below 0.05, despite significant institutional adoption and a historic price rally for Ether. As of now, the ratio stands at 0.039, down from 0.04 in August, and has not surpassed 0.05 since July 2024. This is a stark contrast to its peak in June 2017, when it reached an all-time high of 0.14, according to CoinGecko. Ether's price surged to a record $4,957 on August 24, marking a 155% increase since July, driven by institutional treasury adoption and ETF purchases. However, the ETH/BTC ratio has struggled to recover, having hit a five-year low of 0.02 in March amid macroeconomic uncertainties. Despite Ether's recent price achievements, it has only outperformed Bitcoin 15% of the time since its 2015 launch, with most outperformance occurring during the 2015-2017 ICO boom.