Ethereum ($ETH) has significantly increased its transaction dominance, reaching approximately 40% by November 2024.Bitcoin's dominance has dipped to 61.5% as the $ETH/$BTC trading pair surged 17.8%.Ethereum ETFs have seen strong investment interest, with $90 million in inflows on Wednesday alone.Despite a recent sell-off by a prominent Ethereum holder, Ethereum's growing influence in the crypto market continues to solidify its position.