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  • Qadir AK
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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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ETH Spot Volume Surpasses BTC for First Time Since June 2024

Last week, Ethereum (ETH) spot trading volume surged to $25.7 billion, surpassing Bitcoinโ€™s (BTC) $24.4 billion for the first time since June 2024. This milestone pushed the ETH/BTC spot volume ratio above 1, highlighting a notable shift in market dynamics. Analysts attribute this trend to growing investor interest in Ethereumโ€™s ecosystem and broader adoption of altcoins. The rotation towards ETH reflects confidence in its upcoming network developments and increasing demand for decentralised applications.

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