Ethereum dumped hard in Q1 2025, underperforms Bitcoin and Solana: Here’s why

Ethereum’s (ETH) price has declined nearly 50% in 2025, trailing Bitcoin and Solana significantly. Factors contributing to this decline include a weak roadmap and increased institutional preference for Bitcoin.

Institutional interest in Bitcoin has soared, with inflows of 39.56 billion USD into Bitcoin ETFs compared to only 2.49 billion USD for Ethereum ETFs, affecting ETH’s market performance and pricing.

The Ethereum Foundation is restructuring and planning the Pectra upgrade to reverse negative trends. Upcoming changes aim to enhance scalability, privacy, and user experience, potentially shifting ETH’s narrative.

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