Analysis: Ethereum's on-chain transaction volume surged to $7.13 billion recently, hitting a new high this year

Odaily Planet Daily Report: The Pro analysis points out that on November 15, driven by the inflow of ETF funds, the rise of Bitcoin, and the bullish sentiment after the election, the daily on-chain transaction volume of Ethereum surged to $7.13 billion, the highest level of the year, growing by 85% in just two weeks. The index rose 90%, outperforming the broader market index (+36%), with coins dominating, including standout tokens such as (+70%), BONK (+100%), WIF (+32%), and PNUT (+1,500%), with an overall market cap increase of $1.68 billion. The Coinbase app's ranking on the US App Store rose from 435th to 8th (November 4-13), with a trading volume of $71 billion and a 42% increase in stock price; the Robinhood app ranked 11th. The daily trading volume reached the highest level in the past 12 months at $117 billion, and as of mid-November, the trading volume of exchanges supporting the US dollar reached $229 billion, almost on par with the $237 billion in October.