It seems like Ethereum will reach a new ATH the second time again, hours back I read news that whales are investing 500million dollars on ETH which is a good plan that they are preparing for PoS algorithm rewards, the adoption rate looks way higher than BTc or am I wrong?
Every developments on ethereum could potentially gain positive results everytime adoption rate rises. With respect to adoption rate, I don't think so this breaks Bitcoin's rating because eth and btc pairing remains consistent. What progress we experienced in ethereum, it's the effect of Bitcoin market which eventually changes during fluctuations.