Ethereum (ETH) spot trading volume has surpassed Bitcoin (BTC) for the first time in over a year, signaling a potential shift in investor focus. CryptoQuant data reveals that last week, ETH spot trading volume reached $25.7 billion, exceeding BTC's $24.4 billion. This surge in ETH trading volume suggests growing investor interest in Ethereum and altcoins. Several factors could be driving this trend, including anticipation surrounding the upcoming Dencun upgrade, increased activity in the DeFi ecosystem built on Ethereum, and the overall positive sentiment surrounding potential ETH ETFs. While this single data point doesn't guarantee an "altcoin season," it does indicate a growing appetite for assets beyond Bitcoin. Investors should carefully research and consider their risk tolerance before making any investment decisions. The shift in trading volume may indicate a broader trend but requires further observation to confirm its sustainability. ```