{"content":"🚀 ETH Volume Explodes to $13B — Can It Break All-Time Records? Ethereum is still over $4,400 after hitting $4,792, barely short of its 2021 high. Strong institutional interest, dwindling exchange supply, and rising demand in decentralized finance have propelled weeks of enormous increases for the world's second-largest cryptocurrency. Bulls maintain control as ETH approaches record highs. As market volatility increases, dangers also rise. Profit-taking and speculative rotations may cause sharper pullbacks after a high surge. Ethereum's on-chain volume has increased to $12.93 billion, indicating increased transaction volumes and investor engagement. Ethereum Approaches 2021 Levels Amid Market Uncertainty Trading over $4,400 after hitting a local high of $4,792, market players are watching ETH approach its prior top. Now the issue is whether Ethereum will repeat its rapid rises or consolidate before breaking out. On-chain data supports bullishness. The on-chain volume of Ethereum has reached roughly $12.9 billion, close to the 2021 top of $16 billion. This increased transactional activity indicates market involvement and underlying strength. In the past, on-chain activity spiked during key upward periods, indicating speculation and network usefulness. Its weekly chart shows a significant bullish breakthrough, with ETH trading at $4,425 after peaking at $4,792, barely below its 2021 high. Consistent buying momentum and tighter supply circumstances drove one of the greatest weekly rallies in years. ETH has broken above long-term moving averages, with the 50-week SMA at $2,771, 100-week at $2,761, and 200-week at $2,442 considerably below current levels. ETH's strong uptrend structure suggests it has entered bullish territory after a protracted consolidation period. The $4,800–$5,000 psychological resistance zone matches the 2021 all-time high. Analysts expect objectives between $5,500 and $6,000 if momentum continues above current level. #ETHTreasuryStrategy #MarketTurbulence #CPIWatch #ETH $ETH $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/16/b1609c3eefa841bea6361381c4741132.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}