Crypto Sees Record Inflows as Traders Pivot from Traditional Markets

Digital assets are raking in capital at a blistering pace—while Wall Street scrambles to keep up.

Bullish momentum builds as institutional players finally wake up to crypto's 24/7 advantage. No more waiting for the NYSE bell when blockchain never sleeps.

And let's be honest: after decades of 1% yields and 'diversified' portfolios going nowhere, can you blame investors for chasing asymmetric bets?

The Top 20 Cryptocurrencies

This metric should not be evaluated in isolation. When considering the influx from different channels like ETFs, on-chain net flow measures alone might not entirely capture the accurate picture. Contrary to popular belief, ethereum (ETH)$2,578 continues to garner strong investor interest, as evidenced in the following table. Even though Layer 2 solutions have been assumed to undermine Ethereum demand, claiming it to be a persistent reason for ETH’s price weakness, the reality differs.

Quinten shared the below table indicating, “Ethereum still topped the net inflow list last year, followed by Sonic and Base. In contrast, ecosystems like Arbitrum and Optimism appeared emptied. Perhaps Ethereum isn’t as bad off as speculated?”

Altcoins and Fartcoin

The recent volatility in Bitcoin$103,047‘s price caused altcoins to suffer losses exceeding 5% in the past 24 hours. Fartcoin, known for its high volatility this year, has experienced significant movements. Following the rapid decline, Waleed shared Lieutenant’s chart and anticipated a rise from the current levels.

“FARTCOIN has swept May lows. I called the dip at $0.86. Now you’re either with me or against me, but remember, the rise is coming,” he stated.

If the two analysts prove correct, we should witness a strong recovery to $2.46 from the current $0.9 level. However, outside of a significant trigger like a Chinese agreement, none appear on the horizon yet. We will see its effects manifest within 48 hours.

Sharing the above graph, Moustache mentioned that following the correction, a stronger surge than May could be anticipated. “Imagine panicking as one of the best crypto summers approaches. So far, everything is going according to the plan. We experienced a strong upward move in altcoins in May, then a correction followed. Stay put, the next big wave is coming.”