Ethereum Still Holds Its No. 2 Spot
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Despite falling about 36% from its all-time high, Ethereum continues to be widely viewed as the clear second-largest crypto asset by market capitalization. Quinlivan emphasized that ETH is now “appropriately ranked,” unlike earlier periods when investors openly questioned its relevance.
Institutional voices echo this view, increasingly framing portfolios around Bitcoin first, followed by Ethereum. Even amid volatility and large liquidation events, ETH’s role as the dominant smart contract platform keeps it firmly positioned in long-term crypto strategies.
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btc + eth as the default institutional stack feels locked in at this point