In the world of cryptocurrencies, rumors continue to circulate: "Ether is dead", "Ethereum is losing ground"… But the data tells a different story. 📈 Let's understand why the market is betting on ETH, and which trends could turn the game around.
🚀 Futures and options on ETH are breaking records
The total open interest in ETH futures has reached 6.32 million ETH, equivalent to $27 billion — a historical maximum! 💎 The premium on futures has also increased, reaching 16% on offshore exchanges and 14% on CME. Such growth indicates an upward trend and strengthens ETH's position in the derivatives market.
⚡ Activity on the Ethereum blockchain is in full swing
Network revenues, transaction volumes, and the creation of new wallets are on the rise. In October, activity significantly exceeded the summer months' figures. Moreover, over 2 million contracts are open in the options market — a maximum since June.
💰 TVL is rising again
The value of assets locked in Ethereum applications has reached $65 billion — numbers we haven't seen since May 2022! Leading roles are played by Lido ($32 billion), Aave ($26 billion), and EigenLayer ($14 billion).
🌐 Ethereum regains leadership in stablecoins
The network has once again surpassed Tron in the volume of USDT issued — $60.3 billion versus $57.94 billion. This is an important indicator of trust among users and institutional investors.
🔥 Bullish sentiment among investors
The appointment of the new U.S. Secretary of the Treasury, Donald Trump's policies, and plans to reduce regulatory pressure inspire the DeFi market. These changes could create favorable conditions for Ethereum and other decentralized platforms.
💎 Advice for traders
1. Pay attention to derivatives — the growth in open interest in ETH may signal significant movements.
2. Keep an eye on DeFi tokens like Lido and Aave, which are already showing growth alongside Ethereum's activity.
3. Don't forget about stablecoins: demand for USDT in the Ethereum network may increase.
ETH is alive and kicking and ready for new heights! 🌟 Use the current trends wisely, and let your portfolio shine! 🚀
What do you think about the future of Ethereum? Let's discuss in the comments! 💬$ETH