Share this article
Ether to Extend Outperformance Versus Bitcoin Following Recent Breakout, FSInsight Says
Solana may see some consolidation in the near term following recent gains.
By Will Canny
Updated May 11, 2023, 6:04 p.m. Published Nov 4, 2021, 11:31 a.m.
Make us preferred on Google
Ether should rally to as high as $4,951 “with little to no resistance” after outperforming bitcoin recently and breaking through September highs, according to a report by FSInsight, a markets strategy and research firm.
FSInsight notes that ether prices have moved higher “without becoming noticeably overbought” on momentum gauges. “Further relative gains for ether over bitcoin still look to continue short term.”
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Read more: Ether, Bitcoin to Strengthen in Coming Weeks, FSInsight Says
The firm’s first upside target for ether is $4,951, followed by $5,826.
FSInsight expects bitcoin’s breakout to new weekly highs to lead to a retest of the October peak near $67,000.
Solana’s SOL token “remains a near-term standout” after reaching $235, but may see some minor consolidation following the latest rally. FSInsight predicts further gains up to $308.60 and suggests buying during dips. If, however, there is a pullback, FSInsight sees first support in SOL at $178.56 and then at $152.54.
Bitcoin was trading recently around $61,800, ether at $4,530, and SOL at $242 as of publication time.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Bitcoin and ether volatility trading gets easier with Polymarket's new contracts
Polymarket has launched new prediction markets tied to Volmex's bitcoin and ether 30-day implied volatility indices.
What to know:
- Polymarket has launched new prediction markets tied to Volmex's bitcoin and ether 30-day implied volatility indices, allowing users to bet on how high volatility will get in 2026.
- The contracts pay out if volatility indices reach or exceed a preset level by Dec. 31, 2026, letting traders wager on the intensity of price swings rather than market direction.
- Early trading implies roughly a one-in-three chance that bitcoin and ether volatility will nearly double from current levels.
Top Stories
