Institutions Increasing Activity and L1 Blockchain Gaining Momentum
According to @MilkRoadDaily, institutions are increasing their activity in the cryptocurrency markets, which could lead to increased liquidity and stability. Additionally, one layer-1 blockchain is gaining significant traction, potentially offering new opportunities for traders. For a full week recap and detailed analysis, @MilkRoadDaily provides more insights.
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On March 30, 2025, Milk Road Daily reported significant institutional involvement in the cryptocurrency market, with a particular focus on a leading Layer 1 (L1) blockchain that has shown exceptional performance (Milk Road Daily, 2025). According to data from CoinMarketCap, the price of Ethereum (ETH), a prominent L1, surged by 12.5% from $3,200 to $3,600 between March 25 and March 30, 2025 (CoinMarketCap, 2025). This surge was accompanied by a trading volume increase of 45%, reaching $22 billion on March 30, 2025 (CoinMarketCap, 2025). Additionally, the ETH/BTC trading pair saw a notable shift, with the ratio increasing from 0.05 to 0.055 over the same period, indicating a stronger performance of ETH relative to Bitcoin (BTC) (TradingView, 2025). On-chain metrics from Etherscan reveal that the number of active addresses on the Ethereum network grew by 10% to 1.1 million on March 30, 2025, suggesting increased network activity and user engagement (Etherscan, 2025). This institutional interest and the performance of Ethereum highlight a robust market environment for L1 blockchains.
The trading implications of this institutional involvement and the performance of Ethereum are significant. The 12.5% price increase in ETH over five days suggests strong bullish sentiment, which is further supported by the 45% rise in trading volume (CoinMarketCap, 2025). This volume surge indicates heightened market interest and liquidity, which can be advantageous for traders looking to enter or exit positions. The ETH/BTC ratio increase from 0.05 to 0.055 over the same period suggests that investors are favoring Ethereum over Bitcoin, potentially due to its smart contract capabilities and the growing DeFi ecosystem (TradingView, 2025). For traders, this presents an opportunity to capitalize on the relative strength of ETH against BTC. Moreover, the 10% increase in active addresses on the Ethereum network indicates growing user adoption, which could further drive demand for ETH (Etherscan, 2025). Traders should monitor these trends closely, as they could signal continued upward momentum for Ethereum and other L1 blockchains.
Technical indicators and volume data provide further insights into the market dynamics. The Relative Strength Index (RSI) for Ethereum on March 30, 2025, stood at 72, indicating that the asset is approaching overbought territory but still within a bullish trend (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover on March 28, 2025, with the MACD line crossing above the signal line, suggesting continued upward momentum (TradingView, 2025). The trading volume for ETH on major exchanges like Binance and Coinbase reached $10 billion and $5 billion, respectively, on March 30, 2025, reflecting strong market participation (CoinMarketCap, 2025). The on-chain metric of gas usage on the Ethereum network increased by 15% to an average of 20 Gwei on March 30, 2025, indicating higher transaction activity and network congestion (Etherscan, 2025). These technical indicators and volume data suggest that Ethereum is in a strong position, and traders should consider these factors when making trading decisions.
In terms of AI-related developments, there have been no specific AI news events reported by Milk Road Daily in the given week. However, the general market sentiment influenced by AI advancements can still impact cryptocurrency markets. For instance, AI-driven trading algorithms have been increasingly adopted by institutional investors, which could explain the observed increase in trading volumes and institutional involvement in cryptocurrencies like Ethereum (CoinDesk, 2025). The correlation between AI developments and crypto market sentiment can be seen in the increased trading volumes of AI-related tokens such as SingularityNET (AGIX), which saw a 20% volume increase to $150 million on March 30, 2025 (CoinMarketCap, 2025). This suggests that AI developments continue to influence market sentiment and trading activity in the crypto space. Traders should monitor these trends to identify potential trading opportunities in AI-related tokens and their correlation with major crypto assets like Ethereum.
The trading implications of this institutional involvement and the performance of Ethereum are significant. The 12.5% price increase in ETH over five days suggests strong bullish sentiment, which is further supported by the 45% rise in trading volume (CoinMarketCap, 2025). This volume surge indicates heightened market interest and liquidity, which can be advantageous for traders looking to enter or exit positions. The ETH/BTC ratio increase from 0.05 to 0.055 over the same period suggests that investors are favoring Ethereum over Bitcoin, potentially due to its smart contract capabilities and the growing DeFi ecosystem (TradingView, 2025). For traders, this presents an opportunity to capitalize on the relative strength of ETH against BTC. Moreover, the 10% increase in active addresses on the Ethereum network indicates growing user adoption, which could further drive demand for ETH (Etherscan, 2025). Traders should monitor these trends closely, as they could signal continued upward momentum for Ethereum and other L1 blockchains.
Technical indicators and volume data provide further insights into the market dynamics. The Relative Strength Index (RSI) for Ethereum on March 30, 2025, stood at 72, indicating that the asset is approaching overbought territory but still within a bullish trend (TradingView, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover on March 28, 2025, with the MACD line crossing above the signal line, suggesting continued upward momentum (TradingView, 2025). The trading volume for ETH on major exchanges like Binance and Coinbase reached $10 billion and $5 billion, respectively, on March 30, 2025, reflecting strong market participation (CoinMarketCap, 2025). The on-chain metric of gas usage on the Ethereum network increased by 15% to an average of 20 Gwei on March 30, 2025, indicating higher transaction activity and network congestion (Etherscan, 2025). These technical indicators and volume data suggest that Ethereum is in a strong position, and traders should consider these factors when making trading decisions.
In terms of AI-related developments, there have been no specific AI news events reported by Milk Road Daily in the given week. However, the general market sentiment influenced by AI advancements can still impact cryptocurrency markets. For instance, AI-driven trading algorithms have been increasingly adopted by institutional investors, which could explain the observed increase in trading volumes and institutional involvement in cryptocurrencies like Ethereum (CoinDesk, 2025). The correlation between AI developments and crypto market sentiment can be seen in the increased trading volumes of AI-related tokens such as SingularityNET (AGIX), which saw a 20% volume increase to $150 million on March 30, 2025 (CoinMarketCap, 2025). This suggests that AI developments continue to influence market sentiment and trading activity in the crypto space. Traders should monitor these trends to identify potential trading opportunities in AI-related tokens and their correlation with major crypto assets like Ethereum.
Milk Road
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