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Volumes of ETH are surging, what's next?


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According to recent data, Ethereum (ETH) volumes were converging with those of its larger peer Bitcoin (BTC). Interest in the world's second-largest cryptocurrency has surged this year as a result of a widely anticipated switch to a proof-of-stake (PoS) mechanism.

Ethereum's price has risen 20% in the last two weeks, and it trades close to breaking even for the year at $3,400. Volumes have increased considerably in recent weeks, averaging around $20 billion a day.

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