- Ether (ETH) was $ 2,770, up 11% this month, surpassing 5% of Bitcoin (BTC).
- ETH (45.2%) now darkens BTC (38.1%) in the trading volume in OKX’s permanent future market.
- Despite BTC volatility, the institution is making “deep purchases” as the supply of long -term holders by glass node increases.
As the Asian market started trading on Thursday, ETH was changing to $ 2,770 and showed strong performance all month.
In this strength, especially in the derivatives market, which darkens the Bitcoin (BTC), this strengths signal that it promotes a pivotal role in connecting institutional appetite for Ethereum’s structural growth potential and distributed financial (defi) with traditional finance (Tradfi).
Meanwhile, the larger encryption environment is rapidly increasing the stablecoin activity, and TRON is emerging as a major beneficiary.
Ether surpassed Bitcoin this month, and coin desk market data increased almost 11% of ETH compared to 5% of BTC.
This difference is partly due to the increase in institutional transaction demand for Ether Leeum. Lennix Lai, the chief commercial officer of Crypto Exchange OKX, said in an interview with COINDESK that sophisticated investors are increasingly betting on ETH, which is clear trend in the derivative market activities.
LAI said, “Ether Leeum accounts for 45.2%of the trading volume over the past week, and Ethereum is darkening BTC in the permanent futures market. BTC is 38.1%.
As recent reported by Coindesk, this discovery coincides with the similar tendency observed on other major derivatives platforms such as Deribit, and as reported recently, suggests that there is a significant change in the method of assigning capital in the encryption space.
This does not say that institutional interest in Bitcoin has been reduced. According to a recent report from GlassNode, an on-chain analytics company, the agency has actively “dip” despite Bitcoin’s recent price volatility.
According to GlassNode’s analysis, long -term holders (LTH) have recently realized more than $ 990 million a day at BTC Rallies, which is the distribution level found in the previous market cycle peak.
Surprisingly, instead of causing a wider selling, the supply of LTHS has actually grew.
GlassNode Analysts said, “This dynamic highlight plays a greater role than distribution behavior.”
Despite these fundamental strengths, major cryptocurrencies remain sensitive to designated risks and unpredictable “Black Swan” events.
This episode reminds us that market feelings can be moved quickly within a structurally strong market.
However, under the volatility of this surface level, institutional beliefs seem to remain intact.
Ether Lee is more and more preferred as a preferred vehicle to access the regulated Defi opportunities, while Bitcoin is often benefited from the long -term accumulation of the institution through the Exchange Traded Fund (ETF).
LAI provides an optimistic prospect of Ether Leeum’s short -term price potential, saying, “Macro uncertainty remains, but $ 3,000 is increasingly likely.
Stablecoin Surge: Liquidity is swollen and TRON is leading the rate
According to a new report from Cryptoquant, the Stablecoin market is suffering from a significant boom and has recently hit $ 228 billion in a market cap of $ 228 billion.
This dollar, which has a lot of liquidity, is led by new investor trust, and this capital inflow, which improves the same factors such as the initial contest of blockbuses (IPO) of the Stablecoin Circle, an increase in the yield of the Defi protocol, and the US regulatory clarity, is quietly resuming the chain.
Cryptoquant said, “The stable amount on the central exchange has also reached a high level by supporting encryption trading liquidity.
According to their data, the total value of the ERC20 Stablecoins (built in Ether Leeum) is $ 50 billion on the central exchange.
Interestingly, most of these growth of replacement stablecoin reserves increased by 1.6 times by 2025, resulting in an increase in USDC reserves on this platform of $ 8 billion.
TRON has emerged as a clear leader in relation to the blockchain protocol, which is most beneficial due to the inflow of the Starble Recon.
TETH is considered to be a “fluid magnet” of a combination of deep -integration with major Starble Recon publishers, such as Tether.
In a recent report, Presto Research said in a recent report that Tron has recorded an inflow of more than $ 600 million in May in May alone.
This figure occupies all other chains and placed the TRON with the second highest daily activity user right behind Solana.
TRON has also achieved the highest performance in terms of TVL (Total Total Value Locked) growth.
In contrast, Ethereum and Solana have experienced significant stabble coins and losses for the same period, according to Presto’s data.
This is attractive enough to have a new yield or major protocol upgrades to maintain or attract capital, the fresh Starble Recon’s capital of the network.
Presto’s data checks a wider trend. Both institutional and retail capitals are rotating more and more to class 2 solutions such as alternative layer 1 and layer 2 solutions such as Base and Solana (still attracting users despite the recent leaks) and TRON.
The common denominator among these preferences seems to be a faster execution speed, more dynamic and evolving ecosystems, and in some cases, in some cases.
