$ETH

Several on-chain metrics indicate that Ethereum is undervalued.

⊹ Ethereum is currently priced lower than it should be – analysts believe the asset is undervalued, and this could be a good buying opportunity.

⊹ The BTC/ETH ratio has returned to levels seen in mid-2020 (0.13).

⊹ The number of active addresses on Ethereum has reached a record high = 13.6m, a 74% increase over the week. #records

⊹ At the beginning of 2025, Ether significantly dropped by 45%, forming a “death cross.” But now there are signs that the worst may be behind us.

Source:

https://www.fidelitydigitalassets.com/research-and-insights/q1-2025-signals-report