USDT has not been this close to ethereum before

[Alonso_]

I think that gap between USDT and Etherum is a huge gap and it might really take so much time before USDT can close that gap, and we would be seeing it and thinking that it’s a small gap, but trust me it’s something extraordinary and it might just take years for USDT to get to Etherum, stablecoins are very different in some regards because you will not have to worry about fluctuations when you have them available, but ETH there are times when the volatility is very large and you will not understand what must have happened, you will think your whole world is crashing down, but you can panic with altcoins.

[FinneysTrueVision]

Earlier today, USDT became the second largest cryptocurrency by market cap, overtaking Ethereum. Currently, ETH has recovered its spot, but the difference is less than $1 billion. I imagine USDT will retake the position again and begin to pull ahead.

ETH is the worst performer in the top 20 right now which shows how weak it is. Without Tom Lee it would have fallen to third place sooner.

[asriloni]

Earlier today, USDT became the second largest cryptocurrency by market cap, overtaking Ethereum. Currently, ETH has recovered its spot, but the difference is less than $1 billion. I imagine USDT will retake the position again and begin to pull ahead.

ETH is the worst performer in the top 20 right now which shows how weak it is. Without Tom Lee it would have fallen to third place sooner.

Even Tom Lee is so struggling to raise more money to buy ethereum because he's in the very big floating loss. So i don't think he can help ethereum anymre with his condition. I think it's also only matter of time until we will see ethereum to be below USDT's position in term of market capitalization.

The bearish is not yet ended, and so many ethereum OGs are still sending their ethereum to the market in purpose to sell it such as Ethereum's Lubin. Another discount is gonna happening soon.

[shinratensei_]

Earlier today, USDT became the second largest cryptocurrency by market cap, overtaking Ethereum. Currently, ETH has recovered its spot, but the difference is less than $1 billion. I imagine USDT will retake the position again and begin to pull ahead.

ETH is the worst performer in the top 20 right now which shows how weak it is. Without Tom Lee it would have fallen to third place sooner.

In the future it will be a lot harder for ETH to retake USDT when Tether is growing its USDT market capitalization like there is no tomorrow, this thing is printing supply every year with how much the demand is for tokenized USD from various institutional players.
In 2025 USDT grown 36% of its total supply within a year, 2nd rank going to be USDT's for a long time. Good thing ETH is back to #2 again after a small bounce. The only saving grace is another bullrun and ATH breaking surges.