Ethereum’s Market Share Expansion: A Tale of Altcoin Decline Over ETH Growth
Recent analysis highlights Ethereum's increasing dominance in the cryptocurrency market, not due to a surge in ETH trading activity but rather a significant drop in altcoin volumes. According to CryptoQuant, ETH's market share on Binance has risen as trading volumes for other digital assets have sharply declined. Between January 2023 and May 2025, Ethereum's trading volume remained steady at 300-490 trillion, while altcoins experienced a dramatic collapse. This trend underscores a shifting landscape where Ethereum's stability contrasts with the volatility of smaller cryptocurrencies.
Ethereum's Market Share Gains Driven by Altcoin Decline Rather Than ETH Surge
Ethereum's growing dominance in cryptocurrency markets stems not from increased trading activity in ETH itself, but from a dramatic collapse in altcoin volumes. Analysis by CryptoQuant reveals that ETH's market share on Binance ROSE primarily because trading volumes for other digital assets plummeted.
Between January 2023 and May 2025, Ethereum's trading volume remained stable at 300-490 trillion, while altcoin volumes cratered from 1.57 quadrillion to just 387 trillion. This divergence suggests investors are fleeing riskier assets rather than piling into Ethereum. The network's maturity and stability appear to be attracting capital during periods of market uncertainty.
Whale activity has intensified despite ETH's 10% price drop to $2,256, signaling opportunistic accumulation. Lookonchain data from June 22 shows large investors treating the dip as a buying opportunity, even as geopolitical tensions weigh on broader crypto markets.
Ether Whales Bet $274 Million on Rebound Despite Price Dip
Ethereum recorded $274 million in inflows despite a 2% price drop, signaling strong institutional confidence. The capital injection—among the largest in recent weeks—points to strategic positioning ahead of Monday's trading session.
Layer 2 networks like Arbitrum and Base facilitated major ETH purchases, reflecting a shift toward cost-efficient blockchain infrastructure. Cross-chain liquidity inflows outpaced all other cryptocurrencies, according to Artemis data.
An accompanying $29.7 million surge in on-chain stablecoin deposits suggests growing DeFi and NFT activity. Market observers interpret these movements as early bets on potential ETF-driven momentum.
Cartesi Launches Honeypot v2 with PRT to Strengthen Rollup Security
Modular blockchain Cartesi has unveiled an upgraded version of its Honeypot decentralized application, now equipped with Permissionless Refereed Tournaments (PRT) to combat Sybil attacks in rollup environments. The fraud-proof system eliminates the need for permissioned validators or resource-intensive hardware while maintaining robust security.
Originally deployed on ethereum as a gamified security testing platform, Honeypot has evolved alongside the growing prominence of rollups in blockchain ecosystems. These Layer-2 solutions now process significant economic value, making their security mechanisms critical infrastructure. Cartesi's innovation arrives as rollups increasingly handle batched transaction processing for Ethereum scalability.
Ethereum Price Today Hits $2,262 — Institutions Stack $113M Worth of ETH!
Ether surged to $2,262 amid geopolitical tensions, despite a 17% drop triggered by the Iran-Israel conflict. Institutional investors accumulated $113 million in ETH, signaling confidence even as retail sentiment wavered.
On-chain metrics reveal a paradox: while prices dipped, network activity soared. Net flows exceeded $1.4 billion last week, with Ethereum dominating other chains in capital movements. Unique addresses interacting with Ethereum's ecosystem multiplied, suggesting organic adoption continues unabated.
Market analysts note a potential inflection point. "ONCHAIN DATA DOESN'T LIE – $ETH IS MOVING. BIG MOVE INCOMING. JUST HOLD," tweeted Carl Moon, echoing sentiment among crypto veterans. The WSJ's report of potential de-escalation in Middle East tensions could catalyze a relief rally, with ETH positioned as a primary beneficiary.
Whale Activity Signals Ether Price Recovery Amid Geopolitical Tensions
Ether's price recovery is gaining momentum as large investors place bullish bets despite broader market volatility. A single whale opened a $101 million Leveraged long position on ETH at $2,247, using 25x leverage, while another withdrew $40 million worth of Ether from Binance. These moves suggest growing confidence in Ethereum's rebound.
The trades come amid heightened geopolitical risks, including U.S. military strikes in Iran. The whale's position remains precarious, with liquidation risk below $2,196, but the accumulation of $900,000 in unrealized profits underscores the high-stakes Optimism driving these transactions.
Ethereum Whale Buys $39M in ETH Despite Significant Price Drop
A major Ethereum investor acquired 132,536 ETH worth nearly $39 million on June 22, signaling strong conviction amid the asset's price decline. The purchase came as Ethereum breached key support at $2,248, with analysts warning of potential further downside.
The whale address 0x7355...213 now holds approximately $330 million in ETH. This accumulation occurred while Ethereum underperformed most cryptocurrencies, highlighting a divergence between short-term price action and long-term belief in the network's fundamentals.
Traders are scrutinizing the move for potential market implications. Such substantial accumulation during weakness often precedes trend reversals, though technical indicators remain bearish in the immediate term.