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Ethereum CEX spot trading volume surpasses Bitcoin for the first time in at least five years.
Source: Golden Finance
2025-9-8 12:47
The latest report from Golden Finance shows that, according to Kaiko's analysis, the spot trading volume of Ethereum on centralized exchanges has surpassed that of Bitcoin for the first time, a phenomenon that has not occurred in at least the past five years.
This shift could signify a significant change in the landscape of the cryptocurrency market, with the expansion of the Ethereum ecosystem and the increase in use cases potentially being key factors driving its trading volume up. I believe this reflects a growing confidence in smart contract platforms in the market, rather than merely viewing crypto assets as a store of value.
However, whether this leading position can be sustained remains to be seen, as market sentiment changes rapidly, and investors should maintain a cautious attitude.
Disclaimer: For reference only. Past performance is not indicative of future results.