Altcoins News

Story: Ethereum Trading Volume Surges Past Bitcoin as ETFs and DeFi Boost Growth

By Sakamoto Nashi

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Ethereum has overtaken Bitcoin in the derivatives market with an impressive $110 billion in daily trading volume, signaling renewed investor interest and growing momentum in the…

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According to data from Coinglass, Ethereum’s derivatives trading volume not only exceeded its own previous highs but also surpassed Bitcoin’s $84.

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Market analysts view this increase as more than a short-term spike. Rachael Lucas, an analyst at BTC Markets, described the development as “structural growth,” emphasizing that…

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Institutional Confidence Through Spot ETFs

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A major contributor to this rally is the sustained influx of capital into spot ETH ETFs in the U.S.

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This consistent investor appetite signals strong institutional confidence in Ethereum’s long-term prospects.

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DeFi and NFT Revival Boost Ethereum Usage

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Ethereum is also benefiting from renewed interest in decentralized finance and non-fungible tokens (NFTs)—two areas in which the network remains dominant.

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Meanwhile, NFT activity on Ethereum has rebounded, with OpenSea reporting its highest number of active monthly users since 2023.

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Paul Howard, Senior Director at Wincent, noted that “positive sentiment from the SEC’s official X account on DeFi has helped lift the market,” further reinforcing Ethereum’s…

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SEC Comments Add Fuel to Ethereum’s Rally

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At the recent Crypto Task Force roundtable, SEC Chairman Paul Atkins stated that the right to self-custody of one’s digital assets should be treated as a “foundational American…

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Such public remarks from regulators signal a shift in tone that many see as favorable to Ethereum’s decentralized ethos.

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Pectra Upgrade: Improving Ethereum’s Scalability

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Ethereum’s latest upgrade, dubbed “Pectra,” has also contributed to the bullish momentum. Designed to address some of the network’s scalability and cost-efficiency issues, the…

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