Analysis: The ETH/BTC futures trading volume ratio has risen to 98%, reflecting a recovery in market confidence in Ethereum

ChainCatcher news, according to The Block, the ETH/BTC futures trading volume ratio has risen to 98%, close to historical highs, significantly higher than the low of 42% in October 2024. This indicates that investor confidence in the Ethereum ecosystem is recovering, mainly benefiting from the popularization of Layer 2 scaling solutions, the growth of on-chain DeFi activities, and the strategic focus of the foundation.