Ethereum News Today: Ethereum Trading Volume Surpasses Bitcoin s for First Time Since 2022 25 7B vs 24 4B in June 2025

The cryptocurrency market is experiencing a historic shift as Ethereum (ETH) trading volume has exceeded Bitcoin (BTC) for the first time since 2022. In June 2025, ETH’s spot trading volume reached $25.7 billion, surpassing BTC’s $24.4 billion during the same period [1]. This milestone reflects a growing preference for altcoins among traders and investors, driven by record open interest in leading altcoins, which hit $45 billion in late July, signaling heightened leverage and confidence [2]. The surge is concentrated across sectors such as AI tokens, decentralized finance (DeFi), gaming, and meme coins, with Ethereum outpacing Bitcoin in performance across these categories [3].

Bitcoin’s stagnation within a narrow price range of $115,600 to $119,500 has further amplified the divergence. Analyst Michaël van de Poppe notes that Bitcoin’s inability to break above resistance levels indicates indecision among traders [4]. A sustained move above $119.5K could propel Bitcoin toward new all-time highs, but a failure to hold support at $115.6K risks triggering a deeper correction. The $110K–$112K range is seen as a potential accumulation zone, where discounted entry points might attract buyers [5]. However, this liquidity-rich support level also carries risks, as a sharp sell-off could ripple through altcoin markets, which historically exhibit higher volatility relative to Bitcoin [6].

Ethereum’s momentum is underpinned by institutional inflows and regulatory clarity. A legislative move under U.S. President Donald Trump has provided clearer guidelines for crypto assets, boosting investor sentiment and attracting new capital to Ethereum-based projects [3]. Additionally, Ethereum-focused exchange-traded funds (ETFs) have drawn significant attention in July 2025, with spot ETFs contributing to bullish momentum [4]. On-chain data reveals Ethereum’s network processed 1.51 million daily transactions in July 2025—a multi-year high—while long-term ETH holders have shown reluctance to sell, maintaining strong positions above $2,400 [2]. Whale activity has further fueled optimism, with $2.6 billion in Ethereum purchases recorded in a single week [6].

Despite Ethereum’s gains, the market remains interconnected. Open interest in altcoins, including Ethereum and XRP, reflects aggressive leverage among traders, but this also introduces systemic risks. A Bitcoin correction could trigger cascading effects across the altcoin space [2]. Analysts caution that while Ethereum’s ecosystem is gaining traction, Bitcoin’s dominance in market capitalization remains unchallenged. Some forecasts, such as Binance’s projection of Ethereum hitting $5,500, highlight potential, but sustainability depends on broader market conditions [7].

The regulatory environment and Bitcoin’s price action will likely dictate the next phase of this shift. While Ethereum’s ecosystem shows resilience, the market’s health remains intrinsically tied to Bitcoin’s performance. For now, the data underscores a paradigm shift: after two years of Bitcoin’s dominance in trading volume, Ethereum has taken the lead.

Sources:

[1] [Ethereum Spot Volume Surpasses Bitcoin's Since June](https://www.ainvest.com/news/ethereum-news-today-ethereum-spot-volume-surpasses-bitcoin-june-2024-ecosystem-growth-altcoin-momentum-2507)

[2] [Altcoins Surge as On-Chain Data Shows Bitcoin Is Stuck](https://coinedition.com/for-the-first-time-in-two-years-more-money-is-trading-ethereum-than-bitcoin/)

[3] [Shifting Sentiment and Legal Clarity Fuel Growth](https://coinedition.com/for-the-first-time-in-two-years-more-money-is-trading-ethereum-than-bitcoin/)

[4] [Ethereum (ETH) ETF Inflows Spark Bullish Momentum, But...](https://www.mitrade.com/insights/news/live-news/article-3-981224-20250724)

[5] [Ethereum Adoption Accelerates As Daily Transactions Set 2025 Record](https://www.tradingview.com/news/newsbtc:ea803c661094b:0-ethereum-adoption-accelerates-as-daily-transactions-set-2025-record/)

[6] [Why Ethereum Is Surging: Expert Forecasts, Whale Buying, ...](https://yellow.com/research/why-ethereum-is-surging-expert-forecasts-whale-buying-and-the-future-of-eth-in-2025)

[7] [Ethereum Set to Hit $5500—Short-Term Rally in Full Swing](https://www.binance.com/en/square/post/27342264109682)