Ethereum Outpaces Bitcoin in Trading Volume as ETF Inflows Soar
Altcoin Season Gains Momentum with Institutional Interest in Ethereum
July 30, 2025 – Ethereum has overtaken Bitcoin in spot trading volume for the first time since June 2024, with $25.7 billion in weekly volume compared to Bitcoin’s $24.4 billion, according to CryptoQuant. This shift signals growing investor interest in altcoins, particularly as Ethereum spot ETFs attract record inflows.
Ethereum’s Rising Dominance
Ethereum’s surge is driven by renewed institutional interest, with seven newly created wallets accumulating 466,253 ETH ($1.7 billion) in recent days, per Lookonchain data. The launch of multiple Ethereum spot ETFs in major markets has further bolstered confidence, with analysts projecting ETH could test $15,000 by year-end if current trends persist. The blockchain’s robust smart contract functionality and dominance in decentralized finance (DeFi) and decentralized applications (dApps) continue to solidify its market position.
Altcoin Season on the Horizon
Posts on X indicate excitement around an emerging “Altcoin Season,” with tokens like XRP, XLM, and BANDIT gaining attention. Ethereum’s Proof of Stake consensus, implemented in recent upgrades, has enhanced its efficiency, making it a preferred platform for developers. The convergence of AI and blockchain, particularly in projects like Bittensor, is also driving interest in Ethereum-based AI tokens.
Challenges and Opportunities
While Ethereum’s outlook is bullish, overbought conditions signaled by a Relative Strength Index (RSI) of 79.55 suggest a potential short-term pullback. Investors are advised to monitor key support levels around $2,120, as outlined by InvestingHaven’s 2025 forecasts. Regulatory clarity, particularly following the SEC’s approval of in-kind redemptions for Ethereum ETFs, will be critical in sustaining this momentum.
What to Watch in Q3 2025
As Ethereum continues to outpace Bitcoin in trading activity, investors should keep an eye on upcoming ETF inflows and DeFi innovations. The anticipated launch of tokenized securities on Ethereum’s blockchain could further boost its utility and market cap, making it a top pick for 2025.
