Which major crypto has outperformed so far this July?
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ETH has been outperforming its major crypto peers so far in July.
Among the 5 biggest cryptos (excluding stablecoins), Ethereum has been the biggest gainer so far in July 2026:
(ranked by market cap; % figures below show month-to-date performance at time of writing)
Bitcoin: +9.4%
Ethereum: +18.3%
BNB: +3.9%
XRP: +4.6%
SOL: +3.2%
ETH is attempting a comeback as investors shift their attentions towards rising adoption rates for stablecoin and tokenization.
ETH ETFs attracting more funds than BTC ETFs
In a sign of growing institutional and retail interest, US-listed Ethereum ETFs (exchange-traded funds) have attracted about US$227 million in net inflows so far this month.
That's in contrast to the month-to-date net inflows into US-listed Bitcoin ETFs, which stand at around $70.2 million.
Where to next for ETH?
From a technical perspective, ETH has been supported by the rising lower trendline that began since the intraday low on June 26th, even as the psychological $1500 price has supported ETH since June.
POTENTIAL SCENARIOS
UPSIDE: Should this rotation away from BTC and undervalued tokens persist, then ETH may reclaim the $2k for the first time since early June, also potentially testing resistance around its 100-day SMA which currently lies around that psychological $2k mark.
DOWNSIDE: Should this month-to-date upward momentum lose steam and breaks below that rising lower trendline support, ETH may return to sub-$1800 levels and potentially test support around its 50-day SMA.
DISCLAIMER:This article is provided for general information and reflects the author’s views only. It does not constitute investment advice, nor an offer or solicitation to buy or sell any financial instruments or digital assets. Your ability to access or use any products or services mentioned may be subject to the laws and regulatory requirements of your jurisdiction.