📊 ETH Price vs. Volume: What History Shows
When ETH hit its ATH of $4,878 in Nov 2021:
24h trading volume ranged around $30B–$50B daily
Market cap was over $570B
Right now:
ETH price: ~$1,576
24h volume: ~$7.84B
Market cap: ~$190B
That means for ETH to 3.1x its current price:
It would likely need to at least match or exceed the previous ATH’s volume, meaning ~$30B–$50B daily consistently
Based on liquidity conditions, possibly even higher this time due to a larger market and stiffer competition from other altcoins.
📈 A Rough Estimate
If we model this linearly (which isn’t perfect, but gives us a working ballpark):
Current $7.84B supports a $1,576 price
To support $4,878 (3.1x higher), volume would need to increase proportionally:
7.84B×3.1=24.3B7.84B×3.1=24.3B
➡️ Minimum estimated daily volume needed: ~$25B
➡️ More realistically (considering market frictions, supply pressure, and sentiment): $30B–$50B daily
🎯 Final Call:
ETH would likely need sustained 24h trading volumes in the $30B–$50B range to realistically have the liquidity and momentum to climb from ~$1,576 to its ATH of $4,878.
This assumes favorable market conditions, Bitcoin stability, no regulatory surprises, and possibly a new bullish catalyst like an ETH ETF approval, L2 explosion, or macro tailwind.
