Ethereum dethrone Bitcoin and triggers the volume of trade at record levels in August

By Hannah Pérez

Ethereum superó a Bitcoin en los exchanges por primera vez en 7 años, a medida que el volumen de comercio de criptomonedas surgió a USD $1,86 billones en agosto, su mejor mes desde enero. 

***

• Demanda de Ethereum impulsó el volumen cripto a su mejor mes desde enero. 
• Volumen de comercio en exchanges alcanzó los USD $1,86 billones en agosto. 
• Ethereum destronó a Bitcoin en volumen al contado por primera vez en 7 años ¿Qué sigue?

---

El comercio cripto surgió a niveles récord en agosto, con Ethereum guiando la carrera para superar a Bitcoin por primera vez en años.

The volume of trade in cryptocurrency exchanges reached USD $ 1.86 billion in August 2025, consolidating as The second best month of the year after USD $ 2.32 billion registered in Januaryaccording to the data panel of The Block.

This 5% increase compared to USD $ 1.77 billion of July reflects a renewed interest in the cryptocurrency market, possibly motivated by a feeling of appetite for the broader risk among investors. In the middle of a feeling, even when the figures are still below the USD $ 3 billion in December 2024 and the historical record of more than USD $ 4 billion from May 2021.

Binance He dominated among the centralized platforms, maintaining the largest market share in August with a volume of operations in cash, which went from USD $ 706.1 billion in July to USD $ 737.1 billion last month. This marked the highest month in commercial volume for the Exchange since January, when the site managed just over USD $ 800 billion.

Meanwhile, decentralized exchanges (DEX) They also registered a record volume of USD $ 368.8 billion, the highest since January, led by UNISWAP with USD $ 143 billion followed by PANCAKESWAP with USD $ 58.7 billion.

Ethereum Eclipsa a Bitcoin in commercial volume

In the midst of this trend, Ethereum (eth) has emerged as the protagonist, surpassing Bitcoin (BTC) In the volume of trade in cash in centralized exchanges for the first time in more than seven years, both monthly and weekly.

In August, the task volume of cash of Ethereum In centralized exchanges (CEX) reached USD $ 480 billion, exceeding USD $ 401 billion Bitcoin In a period of seven days, according to the data panel of The Block.

This milestone, which occurs for the first time in at least seven years, underlines a change in the preference of investors towards the second largest cryptocurrency for market capitalization. The growing institutional interest has largely been responsible.

Corporate treasury Eth They have grown significantly in recent weeks, from USD $ 9 billion to more than USD $ 19 billion in August. Companies like Bitmine Immersion and Sharplink Gaming have led this dynamic, with increases in their holdings of Eth between 60% and 124% in the last 30 days, accumulating a total of 2.7 billion Eth sets.

The ETF of Ethereum lead the demand

The fever by Ethereum It was also reflected in the funds quoted in the US stock market (ETF). Ethereum They registered net tickets of USD $ 3.8 billion, according to Sosovalueeclipsing the flows of the ETFs of Bitcoin, that compared to USD $ 751 billion in the month.

This contrast highlights the growing rotation of investors towards Eth, that has now overcome BTC In yields with a price increase of 70% in the last three months, after reaching a historical maximum (ATH) of USD $ 4,950 in August.

Compared, Bitcoinalthough it also broke an unprecedented level of USD $ 124,000 in the graphics, it has only grown by 6% in the same period, according to data from Coingcko. Both assets have now corrected more than 10% from their ATH in the midst of a wide bear trend in the market.

Alcista perspective for the fourth quarter

The change towards Ethereum It occurs in a context of macroeconomic optimism, with expectations that an upcoming trimming of interest rates in the US could help the cryptocurrency market to resume their impulse towards the end of the year.

Paul Howard, senior director of Wincent, pointed to The Block the recent rotations of some whales of Bitcoin toward Ethereum As a sign of a change of feeling, anticipating that these changes by large holders could become more frequent as Eth It becomes the favorite asset of institutions.

He added that a flexibility of monetary policy by the Federal Reserve could favor this impulse of Eth, as well as the crypto market in general during the last months of 2025. “The fourth quarter could bring new historical maximums for the main cryptocurrencies if the feat cuts are confirmed”Said Howard.

As for the growing commercial activity in the Exchangethis boom combined with the prominence of Ethereumsuggests that the market is entering a new phase of dynamism led by the second most important cryptocurrency.

---

Article written with the help of AI, edited by Diariobitcoin

Image generated with AI, under free use license

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.