Last week, Ethereum (ETH) spot trading volume surged to $25.7 billion, surpassing Bitcoin’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 Ethereum’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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