Ether Trails Rivals as Trump’s Memecoin Debut Bolsters Solana The Ether-to-Bitcoin ratio is at its lowest level since 2021 The second-largest digital asset is falling behind rival coins Ethereum’s cryptocurrency keeps losing ground to rival tokens as it struggles to harness tailwinds created by President Donald Trump’s foray into a highly speculative corner of the digital-assets market. The Ether-to-Bitcoin price ratio — which measures the performance of the second-ranked token against that of the largest — fell to its lowest level since 2021 on Monday, according to data compiled by Bloomberg, while Bitcoin hit a record of $109,241. The native token of Solana, a blockchain that competes with Ethereum, reached fresh highs over the weekend.