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The ETH/BTC futures volume ratio is approaching 1:1, reflecting a recovery in market confidence towards Ethereum.
According to Mars Finance, the ETH/BTC futures volume has risen to 98%, close to its historical high, 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 widespread adoption of Layer 2 scaling solutions, the rise of on-chain Decentralized Finance activities, and the strategic focus of the foundation. (The Block)