News: Ethereum has outperformed Bitcoin over the last year, gaining 48% compared to Bitcoin's 11% decline. This is driven by upgrades like Pectra and Fusaka, which have significantly reduced gas fees (83% lower year-over-year, 98% lower in three years). Upcoming upgrades, Glamsterdam and Hegota, will further enhance scaling. Total Value Locked (TVL) in Ethereum's DeFi protocols has increased from $45 billion to $56 billion, indicating growing investment in the ecosystem.
AI Analysis: Ethereum's continuous development and increasing TVL suggest strong fundamentals and potential for continued outperformance relative to Bitcoin. The gap between price and fundamentals may indicate a buying opportunity.
