ETHDAI Surges 151.13% in the Last 24 Hours Driven by Robust Market Activity

On September 11, 2025, ETHDAI witnessed a remarkable increase of 151.13% in just one day, climbing to $4,424.83. Over the previous week, the token has soared by 333.42%, posted a 63.38% rise within a month, and has skyrocketed 3,238.6% year-over-year. This impressive performance highlights strong trading volumes and heightened investor enthusiasm, fueled by renewed confidence in the market and technical signals indicating ongoing strength.

The notable rise in ETHDAI’s value has been linked to a combination of on-chain metrics and broader DeFi sector dynamics. Data from blockchain activity points to a significant uptick in wallet transactions and liquidity contributions, especially on platforms featuring ETHDAI yield farming options. An increasing number of market participants are also utilizing ETHDAI as a stablecoin alternative for cross-chain arbitrage, further boosting demand. Moreover, recent enhancements to the

network are believed to have played a key role, as improvements in transaction efficiency and lower gas fees make ETHDAI more appealing for both everyday transactions and speculative activity.

Recent technical analysis of ETHDAI shows a persistent trend characterized by consecutive higher highs and higher lows, reinforcing the prevailing optimism. Experts have observed that the 200-period moving average is currently moving upwards, which supports the narrative of a continued rally. Meanwhile, the Relative Strength Index (RSI) has entered overbought territory, suggesting strong momentum but also prompting concerns about whether these price levels can be maintained.

Backtest Hypothesis

An outlined trading method suggests initiating long trades when the 50-period moving average surpasses the 200-period moving average—a scenario often called the "golden cross." The plan also recommends placing stop-loss orders at the 20-period moving average to limit potential losses. Once a position achieves a 10% profit, a trailing stop would be activated to protect gains while allowing for further upward movement. This strategy aims to benefit from the ongoing bullish trend, while also managing risks during periods of high volatility.