Ethereum News Today: Ethereum Spot Volume Surpasses Bitcoin’s Since June 2024 on Ecosystem Growth and Altcoin Momentum

Ethereum (ETH) spot trading volume surpassed Bitcoin’s (BTC) for the first time since June 2024, reaching $25.7 billion compared to BTC’s $24.4 billion in a recent week. This marked a significant shift in market dynamics, with the ETH/BTC spot volume ratio rising above 1. Analysts attributed the trend to growing investor interest in Ethereum’s ecosystem and broader adoption of altcoins, alongside heightened confidence in Ethereum’s network upgrades and decentralized application (dApp) demand. The surge in ETH volume aligns with increased on-chain activity, including Ethereum’s daily transaction count hitting a multi-year high of 1.51 million in July 2025—the highest since 2021—and inflows into spot Ethereum ETFs, which recorded $2.1 billion in net inflows for the week ending July 8 [1][2].

The outperformance of ETH reflects broader institutional and regulatory momentum, particularly in the U.S., where legal clarity has reduced uncertainty for institutional investors. Ethereum’s price consolidated between $3,600 and $3,850 while maintaining technical resilience above key moving averages, suggesting continued accumulation by long-term holders. Smart money positions further indicate potential upside if Ethereum breaks above $3,742 [1]. These developments contrast with Bitcoin’s mixed performance, highlighting Ethereum’s role as a catalyst for altcoin cycles driven by utility-based fundamentals.

While Ethereum’s volume surge underscores its growing influence, analysts caution that Bitcoin’s dominance in market capitalization and adoption remains unchanged. The shift represents a cyclical fluctuation rather than a structural realignment, with Ethereum’s success contingent on sustaining technical and fundamental momentum. Regulatory progress and ETF-driven liquidity are key factors shaping near-term outcomes, alongside macroeconomic conditions.

The renewed focus on Ethereum reflects maturing crypto market dynamics, where institutional participation and ETF structures increasingly influence liquidity and pricing. As Ethereum navigates consolidation phases, the interplay between regulatory developments, on-chain activity, and investor sentiment will remain pivotal. For now, the data reinforces Ethereum’s position as a critical driver of innovation within the crypto space, even as Bitcoin continues to anchor the broader market [1][2].

Source: [1] [Ethereum Adoption Accelerates As Daily Transactions Set 2025 Record] [https://www.newsbtc.com/news/ethereum/ethereum-adoption-accelerates-as-daily-transactions-set-2025-record/] [2] [Bitcoin 101: crypto's latest boom explained] [https://www.ig.com/sg/news-and-trade-ideas/macro-intelligence--template1-250723]