Ethereum (CRYPTO: ETH) saw a massive surge in transaction volume on Thursday. On-chain clues led analysts to the root cause behind the sudden uptick in activity.
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BTC/USD$ 98,331.35 0.94%
ETH/USD$ 3,475.47 3.77%
USDT/USD$ 1.00 0.04%
SOL/USD$ 252.47 1.49%
BNB/USD$ 664.79 1.80%
XRP/USD$ 1.48 6.00%
DOGE/USD$ 0.42522 2.29%
USDC/USD$ 1.00 0.01%
ADA/USD$ 1.05 4.09%
STETH/USD$ 3,475.44 3.75%
AVAX/USD$ 45.59 13.46%
TRX/USD$ 0.210461 1.29%
TON/USD$ 6.23 3.35%
XLM/USD$ 0.516916 3.46%
SHIB/USD$ 0.000026 2.60%
WSTETH/USD$ 4,114.56 3.44%
WBTC/USD$ 98,059.27 0.86%
DOT/USD$ 8.95 4.89%
LINK/USD$ 18.68 11.34%
BCH/USD$ 523.16 4.80%
WETH/USD$ 3,472.47 3.61%
SUI/USD$ 3.41 2.42%
PEPE/USD$ 0.00002 1.49%
NEAR/USD$ 6.79 7.97%
LEO/USD$ 8.45 2.26%
LTC/USD$ 97.80 1.87%
UNI/USD$ 11.80 10.39%
APT/USD$ 12.65 4.95%
WEETH/USD$ 3,659.00 3.71%
ICP/USD$ 12.40 12.73%
HBAR/USD$ 0.144527 0.75%
USDS/USD$ 0.99927 0.05%
CRO/USD$ 0.188705 0.66%
POL/USD$ 0.592798 8.51%
ETC/USD$ 30.76 7.93%
RENDER/USD$ 7.89 3.03%
FET/USD$ 1.51 4.07%
KAS/USD$ 0.155424 4.76%
USDE/USD$ 1.00 0.04%
TAO/USD$ 523.91 2.06%
ARB/USD$ 0.910284 8.15%
WBT/USD$ 24.45 0.20%
VET/USD$ 0.0432 3.98%
DAI/USD$ 1.00 0.04%
FIL/USD$ 5.73 3.44%
BONK/USD$ 0.000046 3.55%
ATOM/USD$ 8.64 1.40%
TIA/USD$ 7.81 8.07%
OKB/USD$ 55.28 3.68%
STX/USD$ 2.23 13.22%