Ethereum (ETH) rallied on Thursday, re-sparking talk of an altcoin season as the asset closes in on the $300 tier.
Ethereum Soars on Peak Trading Volumes
Ethereum prices moved up and went vertical after months of sideways movements, with prices surging above $270. Until recently, ETH scored gradual growth over the first weeks of 2020. But February 13 marked the most spectacular daily performance in the year to date.
Ether had most active session of the year yesterday
BitMEX, Huobi & OKEx all traded > $1bln pic.twitter.com/1UzFNVzUYO
— skew (@skewdotcom) February 13, 2020
Ethereum made both the most significant daily gains, and managed to boost volumes to an all-time record above $26 billion in daily trading activity. ETH trades boomed across all leading platforms.
The performance of ETH coincided with price spikes of other highly…
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