Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records
August 16, 2025 · 11:00 AM
Ethereum is currently trading above $4,400 after recently hitting a peak of $4,792, approaching its all-time high from 2021. The cryptocurrency's recent gains are attributed to strong institutional interest, reduced supply on exchanges, and increased demand in decentralized finance. However, the market faces potential volatility, with profit-taking and speculative shifts possibly leading to pullbacks. Ethereum's on-chain volume has surged to $12.93 billion, indicating heightened transaction activity, which historically signals significant market movements.
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