Ethereum (ETH) has surpassed Bitcoin (BTC) in 24-hour trading volume, signaling heightened investor confidence in Ethereum-based assets and the broader altcoin market. This shift reflects growing traction for decentralized finance (DeFi) protocols and scaling solutions across the ecosystem.
Key altcoins demonstrated significant momentum, with Sui (SUI) forming a bullish technical pattern after a 30% price surge. The project’s object-centric smart contracts and high-throughput capabilities continue to draw developer interest. Concurrently, Injective (INJ) rallied over 35% in three weeks, fueled by its AI-integrated DeFi ecosystem and positive technical indicators.
Meme cryptocurrency PEPE jumped 25% in five days amid elevated decentralized exchange volume and social media activity. Starknet (STRK) similarly captured attention through its zero-knowledge rollup technology, offering scalability that attracted DeFi participants seeking faster transactions.
The Ethereum volume surge stems from resurgent DeFi engagement and the proliferation of Layer-2 scaling networks. These innovations enhance liquidity while deepening market access for alternative cryptocurrencies, indicating maturing infrastructure supporting diverse blockchain applications.