The cryptocurrency market appears to be moving in a new direction, with attention shifting from highly speculative memecoins to established layer-1 networks.
Analysts at Santiment suggest that this trend signals a more stable and sustainable environment, as traders focus on assets with stronger fundamentals.
Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON), and Cardano (ADA) have become the primary focus for market participants, according to Santiment’s latest observations. Unlike memecoins, which thrive on hype and social media-driven speculation, these leading blockchain networks offer real-world utility and long-term growth potential.
Periods of memecoin mania often coincide with excessive risk-taking, where investors chase quick profits without considering market stability.
Santiment notes that when such speculative frenzies take hold, they frequently precede corrections, as inflated valuations give way to sharp downturns. By contrast, renewed interest in major layer-1 assets suggests that traders are adopting a more strategic and informed approach.
A market centered on established cryptocurrencies tends to foster a healthier ecosystem, reducing the likelihood of extreme volatility fueled by speculation alone. Santiment sees this shift as a positive development, indicating that investors may be prioritizing sustainable growth over short-term gambling.
On this day ten years ago—July 30, 2015—a revolutionary chapter in blockchain history began.
A new report from Standard Chartered highlights that publicly traded companies holding Ethereum (ETH) as a treasury asset have emerged as a unique and fast-evolving asset class, distinct from traditional crypto vehicles such as ETFs or private funds.
Michael Saylor, executive chairman of Strategy, has revealed that the company has acquired an additional 21,021 Bitcoin for approximately $2.46 billion, paying an average price of $117,256 per BTC.
As Bitcoin continues to consolidate above $100K, a critical market signal is flashing: BTC funding rates remain elevated, even as price action cools.