Altcoins News

Story: Ether Machine Founder Says Ethereum Outshined Bitcoin Over 10 Years

By James Thorp

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Bitcoin’s Explosive History vs Ethereum’s Catch-Up. While Keys' comparison of ETH vs BTC returns highlights Ethereum’s long-term strength, critics…

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Institutional Shift Toward Ethereum?. Despite Ethereum lagging in this cycle, some analysts believe a rotation is underway.

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The Ether Machine IPO and Ethereum’s Long Game. The Ether Machine plans to go public through a merger with Dynamix Corporation, a blank-check…

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Final Thoughts. While Ethereum and Bitcoin serve different purposes — one as a programmable settlement layer and…

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Andrew Keys, co-founder and chairman of Ethereum investment firm The Ether Machine, believes Ethereum has significantly outperformed Bitcoin since its inception.

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Initially, Keys estimated a 50x return on Ethereum compared to Bitcoin but later adjusted the figure to 30x in a post on X.

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Keys isn’t shy about his bias toward Ethereum. “I’m an Ethereum guy,” he said during the interview. “I don’t own Bitcoin. I’d rather have an iPhone than a landline.”

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He also pointed to the impact of the GENIUS Act — a recent regulatory move favorable to blockchain innovation — arguing that Ethereum stands to benefit the most since a vast…

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“Ethereum is experiencing power law dynamics,” Keys explained. “Roughly 90% of tokenized assets are built on Ethereum — just like 90% of internet searches happen on Google.”

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Bitcoin launched in 2009 and was valued at fractions of a cent in its earliest days. By the time Ethereum’s genesis block arrived in 2015, Bitcoin was already trading around $280.

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Bitcoin, on the other hand, has gained over 234 million percent since its early days — when two pizzas were bought for 10,000 BTC in 2010.

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Recent market action also complicates the ETH vs BTC comparison. While Bitcoin reached a new all-time high in July 2025, Ethereum remains down 23% from its 2021 peak of $4,878.

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Jeff Mei, COO of crypto exchange BTSE, told Cointelegraph that institutional traders appear to be shifting capital into Ethereum.

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“Momentum has clearly shifted toward ETH,” Mei said. “Ethereum is still far below its peak, so investors believe there’s more upside potential.”

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With the Ether Machine aiming to go public and hold a massive ETH treasury, the move could signal increasing institutional interest in Ethereum — especially at a time when the…

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