October 13th 2026, 5:00 PM
Polkadot Surges Ahead of Ethereum in Price Double Quest
Key Summary
Polkadot's 19.1% surge in 30 days has made it more likely to double in price first, as Ethereum faces nine straight days of outflows and a $4,946 all-time high to reach. Polkadot's recent price increase suggests it can move quickly, but its lack of institutional backing makes sustained gains harder to predict.
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Introduction
Polkadot has surged nearly 20% in a month while Ethereum bleeds through nine straight days of ETF outflows, and the gap between their paths to a price double reveals a surprising divide in which coin holds the real momentum.Analysis
Polkadot's 19.1% surge in 30 days shows it can move fast, but no institutional backing makes sustained gains hard to predict. Ethereum's buyer dynamics are easier to observe, but they aren’t currently in a buying mood. According to SoSoValue, Ethereum spot ETFs, which directly hold the asset for investors, have a total of $15.86 billion in net assets. However, these funds have seen nine consecutive days of outflows, meaning more money has left than entered each day.Conclusion
Polkadot seems more likely to double first. For Polkadot, doubling simply means returning to previous prices, while for Ethereum, doubling requires surpassing the challenging $4,946 mark amid ongoing fund outflows and diminishing buying momentum.#Polkadot#Ethereum#Crypto#RegulatoryEnforcement