#Ethereum Derivatives Volume Surges Past $BTC With $110B Daily Trading


$ETH derivatives trading volume has jumped 38% to over $110 billion in 24 hours, surpassing $BTC's $84.72 billion.

The surge coincides with $ETH climbing 4% to $2,790, reaching its highest price level since February.


Spot $ETH #ETFs drove momentum with 16 consecutive days of positive inflows totaling nearly $890 million through Monday.


DeFi ecosystem revival contributed significantly, with total value locked growing 32% to $118.8 billion since April 10.


SEC Chairman Paul Atkins' positive #DeFi comments at the Crypto Task Force roundtable boosted market sentiment further.


OpenSea's revamped OS2 platform logged its highest monthly active users since 2023, signaling renewed NFT interest.


Analysts point to $ETH's Pectra upgrade addressing scalability issues as another momentum driver.


$BTC Markets analyst Rachael Lucas sees potential for the $5,500-$6,700 range if staking-enabled #ETFs get approved later this year.


The #Ethereum network's deflationary supply mechanism via EIP-1559 supports long-term bullish outlook, according to experts.

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June 11, 2025 at 1:38 PM
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