// COMPARE

ETH dropped 1.7% to $2,330, underperforming BTC again. Solana developer share jumped to 23% at Ethereum's expense per a new ecosystem report.

Ethereum's developer exodus narrative is weighing on sentiment. ETH/BTC ratio keeps grinding lower as capital flows to faster L1s and BTC ETFs.

$2,280 support is critical — it's held three times since April. Break below targets $2,200. Pectra upgrade timeline updates could shift sentiment.

Nasdaq 100 hit a new all-time high at 29,235 — a 2.35% surge led by semis after the Philadelphia Semiconductor Index also reached a record.

AI capex cycle is entering a new phase. Hyperscalers are spending faster than consensus, and the market is rewarding the entire supply chain — from chips to cloud to cooling.

30,000 round number is the next magnet. Earnings from Cisco and Applied Materials this week will test whether the AI narrative has more room.