LINKETH
Chainlink / Ethereum
crypto Composite

LINK is reclaiming its long-term demand zone.

We all know that BTC carries a substantial premium over ETH, even after adjusting for its lower supply. There are roughly six ETH in circulation for every BTC, yet one BTC currently costs about 34.5 ETH. That gives BTC a scarcity-adjusted premium of approximately 5.75x over ETH.
But how does ETH compare with the other top crypto assets?
The table below calculates what each token would be worth if its circulating market cap equaled ETH’s, based on its current circulating supply. It then shows the premium ETH currently commands over that token after adjusting for the difference in supply.
Interestingly, ETH carries a significant scarcity-adjusted premium over every token on the list. BNB and XRP come closest, while the premiums over assets such as ZEC, XMR, LTC, AVAX, and CRO are dramatically larger.
|Token|Supply|Supply vs. ETH|Price|ETH-parity price\*|Value vs. ETH|ETH premium|
|:-|:-|:-|:-|:-|:-|:-|
|**BNB**|133.17M|1.10x|$567.50|**$1,708**|**0.332x**|**3.0x**|
|**XRP**|62.47B|517.61x|$1.11|**$3.64**|**0.305x**|**3.3x**|
|**SOL**|582.87M|4.83x|$76.00|**$390.27**|**0.195x**|**5.1x**|
|**TRX**|94.88B|786.18x|$0.3272|**$2.40**|**0.136x**|**7.3x**|
|**HYPE**|252.75M|2.09x|$57.88|**$900.00**|**0.064x**|**15.5x**|
|**DOGE**|155.19B|1,285.96x|$0.06961|**$1.47**|**0.047x**|**21.1x**|
|**LEO**|920.14M|7.62x|$9.71|**$247.22**|**0.039x**|**25.5x**|
|**ZEC**|16.79M|**0.14x**|$505.12|**$13,552**|**0.037x**|**26.8x**|
|**XMR**|18.78M|**0.16x**|$356.00|**$12,111**|**0.029x**|**34.0x**|
|**LINK**|748.10M|6.20x|$8.50|**$304.07**|**0.028x**|**35.8x**|
|**XLM**|34.17B|283.18x|$0.1835|**$6.66**|**0.028x**|**36.3x**|
|**ADA**|36.49B|302.33x|$0.1692|**$6.23**|**0.027x**|**36.9x**|
|**CC**|39.14B|324.33x|$0.1227|**$5.81**|**0.021x**|**47.4x**|
|**BCH**|20.07M|**0.17x**|$211.56|**$11,337**|**0.019x**|**53.6x**|
|**GRAM**|2.73B|22.65x|$1.46|**$83.23**|**0.018x**|**57.0x**|
|**LTC**|77.42M|**0.64x**|$47.43|**$2,938**|**0.016x**|**61.9x**|
|**HBAR**|43.79B|362.86x|$0.07191|**$5.19**|**0.014x**|**72.2x**|
|**SUI**|4.05B|33.58x|$0.7472|**$56.13**|**0.013x**|**75.1x**|
|**AVAX**|431.77M|3.58x|$6.31|**$526.84**|**0.012x**|**83.5x**|
|**CRO**|47.27B|391.72x|$0.05708|**$4.81**|**0.012x**|**84.3x**|
\*ETH-parity price is the theoretical token price if its circulating market cap equaled ETH's, based on its current circulating supply.