Bybit Report Highlights Ethereum’s Bullish Momentum Outshining Bitcoin

Ethereum’s recent price surge has significantly outpaced Bitcoin, capturing the attention of the cryptocurrency market. According to a weekly insights report by Bybit, produced in collaboration with analytics firm Block Scholes, Ethereum’s 20% single-day price jump on May 7 marked its strongest performance in years. This rally is not just a fleeting spike but signals the beginning of a broader upward trend. The momentum is driven by a combination of factors, including technological upgrades and growing market confidence. As of May 15, 2025, Ethereum’s bullish run continues to dominate discussions in the crypto space, with Bybit’s report providing key insights into this evolving landscape.

Ethereum’s Bull Run Outpaces Bitcoin: Bybit and Block Scholes Unveil Key Insights

Ethereum’s recent surge has captured market attention, with its 20% single-day price jump on May 7 marking its strongest performance in years. Bybit’s weekly insights report, produced in collaboration with analytics firm Block Scholes, suggests this rally is more than a fleeting spike—it’s the beginning of a broader upward trend.

The momentum stems from a confluence of factors: technological upgrades like the Pectra enhancement, Ethereum’s entrenched leadership in smart contract platforms, and favorable macroeconomic tailwinds. While infrastructure improvements contribute significantly, they represent just one facet of Ethereum’s growing dominance.

Traders are increasingly favoring ETH over BTC, as evidenced by exchange FLOW data and derivatives activity. The altcoin’s outperformance signals shifting capital allocations within digital asset markets, with institutional players particularly active in ETH markets.

Chainlink (LINK) Poised for 35% Rally Amid Surging Retail and Whale Activity

Chainlink’s LINK token has surged over 30% in recent days, with bullish momentum now targeting a 35% gain to $23.15 if support at $15.70 holds. Retail transactions between $10K-$100K have spiked 130%, signaling growing market conviction.

Whale activity has intensified, with 2.54 million LINK ($41.6M) transferred from Bybit to unknown wallets in two transactions. The movement of such substantial holdings typically precedes major price movements, suggesting institutional players are positioning for volatility.

Technical indicators mirror fundamental strength, with the breakout occurring alongside record network participation. Market structure now resembles previous accumulation phases before parabolic rallies in 2021 and 2023.