Ethereum Trading Volume Surpasses Bitcoin’s Volume

Ethereum surpasses Bitcoin in trading volume: a new chapter in blockchain economics

Experts from Selwix noted that for the first time since June 2024, the trading turnover of the second-largest cryptocurrency has exceeded that of digital gold.

Over the past 24 hours, Ethereum has increased by more than $100. The growth continued after a brief slowdown towards the $4000 mark. Currently, the weighted average price of Ether is around $3830.

Our analysts are confident that the upward trend will continue. Cryptocurrencies are still in high demand from corporate treasuries. Traders are closely monitoring upcoming reports from major tech companies and macroeconomic signals.

The cumulative net inflow since the launch of instruments in July last year has reached $8.65 billion. Investment funds now hold assets worth $8.65 billion — approximately 4.57% of Ethereum’s total supply.

Meanwhile, large corporations continue to increase their reserves — the total value of Ethereum on their balance sheets has surpassed 2 million ETH.

The most active companies in this regard over the last 30 days are:

• SharpLink Gaming — +91.43%;
• Bitmine Immersion Nech — +84.29%;
• Bit Digital — +335.53%;
• BTCS Inc. — +282.11%.

61 companies are adopting a similar strategy with respect to ETH, holding 1.69% of the total supply of the second-largest cryptocurrency.

Selwix – your guide to the world of cryptocurrencies!