Ethereum and Solana Jump as Volumes Drop — August 21, 2025, 8:45 PM IST

Thursday evening closes with renewed strength in Ethereum and Solana amid widespread declines in trading volumes across top cryptocurrencies:

• Ethereum (ETH) surges 2.57% to US$4,300, despite a sharp volume drop to US$821.15M (-29.01%). Funding rate remains low (0.02%), highlighting spot-led rally with limited leverage.
• Bitcoin (BTC) steadies at US$114,000, up 0.26%, on reduced volume (US$653.52M, -24.14%). Funding stays flat (0%), reflecting balanced trader sentiment.
• XRP rises 1.13% to US$2.905, with volume easing to US$268.24M (-8.36%). Funding rate at 0.34% suggests moderate bullish interest.
• Solana (SOL) leads altcoins, jumping 3.34% to US$186.62, with volume up 22.41% to US$232.52M. Funding rate holds steady at 0.54%, signaling healthy speculative appetite.

Context: Market activity cools after the morning’s high volumes, but selective altcoin rallies—especially ETH and SOL—spotlight tactical accumulation and momentum trading. Bitcoin and XRP remain range-bound as traders digest recent swings.

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