Ethereum Outshines Bitcoin in Trading Volumes, Will ETH Break $5K Price Barrier 

September has as soon as once more lived as much as its fame as one of many bearish months for cryptocurrencies, and this 12 months, Ethereum is on the focus. With spot, futures, and on-chain exercise all hitting new highs, ETH is displaying indicators of stronger investor demand and holding energy.

Now, all eyes are on whether or not it might probably lastly break the $5,000 barrier.

Ethereum Takes the Lead in Volumes

Since early August, Ethereum has quietly overtaken Bitcoin in spot buying and selling share. ETH at present holds 32.9% of spot quantity in comparison with Bitcoin’s 32.6%, a slim edge however a significant one. At its peak, ETH hit 41% share with $480B in spot quantity, outpacing Bitcoin’s $400B.

The futures market reveals the identical pattern. Ethereum futures volumes surpassed Bitcoin again in mid-July and went on to hit a document $3.08 trillion in August. Ethereum futures hit a document $3.08T in August, with open curiosity close to $59B, reflecting regular investor demand.

On-chain exercise can be booming, $258B locked in DeFi, 51.7M month-to-month energetic addresses, and $140B in DEX buying and selling. In the meantime, ETH balances on exchanges fell to a three-year low, signaling sturdy holding demand.

Ethereum ETF Demand Increase

A lot of Ethereum’s rally this 12 months has been powered by ETFs. In 2025 alone, ETH ETFs attracted practically $10 billion in internet inflows. These merchandise have grow to be a serious drive out there, with cumulative spot ETF quantity nearing $200 billion. Actually, ETFs now account for 16% of all ETH spot buying and selling, a document share.

In the meantime, BlackRock’s ETHA fund leads the pack, commanding 74% of ETF buying and selling exercise. At the moment, after six straight days of outflows, the ETH ETF noticed an influx of $44.2 million, which all got here from BlackRock alone.

Ethereum Value Evaluation: Can ETH Break the $5K Wall?

Ethereum has been transferring in a good vary since August, with bulls and bears battling for management. The $4,956 mark stays the large ceiling that stopped ETH’s final rally, whereas $4,310 is the important thing ground holding the road.

If ETH slips below $4,250, the following stops could possibly be $4000 and even $3,874, ranges tied to each Fibonacci retracement and previous response zones. However to date, Ethereum’s 200-day SMA and EMA are trending greater, giving bulls an necessary security internet.

Historical past reveals Ethereum not often stays under these transferring averages throughout sturdy bull runs. If patrons can lastly push ETH above $5,000, momentum may flip rapidly, with targets at $5,500 and even $6,000 in sight.