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Cryptocurrency

Bitcoin, Ethereum, Meme Coins Shine With Higher Percentage of Profitable Holders

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The market may have lacked luster, but investors are comfortably sitting on substantial piles of profit.

Data suggest that profits are heavily focused on large-cap tokens and meme coins, while altcoins have taken a backseat.

The latest findings by IntoTheBlock revealed that Bitcoin (BTC) leads the pack with 89.11% of its holders currently sitting in profit, thereby demonstrating its continued dominance in the market despite the launch of a flurry of different types of tokens in recent years.

Next in line is Ethereum (ETH), which has 83.19% of its holders in profit, reflecting its strong performance, which could be further boosted by the potential introduction of spot Ethereum ETF after the US Securities and Exchange Commission (SEC) greenlighted the applications of several issuers.

Meme coins have led massive rallies this year, so it is no surprise that these tokens have captured a huge chunk of the chart. In the lead are Pepe (PEPE) and Floki (FLOKI), with 80.57% and 76.85% in profits, respectively.

Meanwhile, the OG meme coin, Dogecoin (DOGE), and the newly launched Jasmycoin (JASMY) trailed closely behind, with investors sitting at 74.99% and 72.18% profits, respectively.

Besides the meme coins, other popular cryptocurrencies with a high percentage of holders in profit include Tron (TRX), Ondo (ONDO), Maker (MKR), and Bitcoin Cash (BCH), with profits of 82.07%, 75.61%, 75.45%, and 72.54%, respectively.

“This suggests that substantial profits are concentrated in large-caps and memecoins, while other altcoins are still awaiting their breakthrough moment.”

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Cryptocurrency

30% Surge for Dogecoin? Here’s What Needs to Happen (Analyst)

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TL;DR

  • The meme coin mania seems to have faded despite a few brief moments of hope, and the niche’s leader has failed to recapture its momentum and investors’ attention.
  • However, there’s a chance for a massive double-digit surge, but only under certain conditions, according to popular crypto analyst Ali Martinez.

To embark on its 30% journey north, the largest meme coin by market cap first needs to reclaim the $0.17 resistance. This doesn’t sound like such a major hurdle, given its current price tag of $0.164.

The second part of the equation involves the TD Sequential, which is a metric often used to determine the underlying asset’s market exhaustion in either direction.

The indicator has presented a buy signal on DOGE’s 3-Day chart. Consequently, Martinez concluded that both of these factors could result in a price pump to $0.21.

This would be a breath of fresh air for Dogecoin, which has struggled quite a lot since early 2025. In the past month alone, its price has tumbled by over 21%.

Despite this rather unfavorable market movement lately, some industry participants have remained highly bullish on DOGE’s future price trajectory. JAVON MARKS, known for his bullish statements on several crypto assets, believes the OG meme coin still has a chance to post a mind-blowing surge that can take it to the stratosphere, based on historic performance.

Such a price tag sounds just a bit far-fetched at the moment. History is no indication for future price movements, and $20 per DOGE would mean a whopping market cap of roughly $3 trillion, which would make it a lot bigger than BTC.

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Glassnode: ETFs, Macro Trends, and $114 Billion Futures Boom Drive Bitcoin Liquidity

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The transformation of Bitcoin (BTC) from speculative novelty to a cornerstone of global finance is gaining momentum, with more than $544 billion in fresh capital flooding the network since late 2022.

A new report from Glassnode and Avenir Group has uncovered a “liquidity trifecta” of on-chain dynamics, market microstructure, and macro linkages underpinning the original cryptocurrency’s maturation as a standalone asset class.

The $550 Million Daily Money Machine

According to the analysis, Bitcoin’s evolution has become visible in its on-chain fundamentals. Since March 2023, those investing in the crypto asset have locked in profits amounting to about $550 million daily, signifying a deep, mature market where participants have serious conviction, taking gains, knowing the market is strong enough to absorb it.

The survey also found the action was just as intense off-chain, with Bitcoin futures and options becoming the new playground for big money. Total open interest went from $11.1 billion in late 2022 to $114 billion during BTC’s historic charge past $100,000 at the beginning of 2025, a testament that institutions are not just dipping their toes, but are diving into crypto headfirst.

Other key signs of institutional accumulation came from analyzing market microstructure tools such as the Limit Order Book (LOB), which brought to light sophisticated liquidity patterns. For example, before the 2024 spot Bitcoin ETF approval, there was extreme sell-side pressure, which was replaced with a buy-side surge after the U.S. Securities and Exchange Commission (SEC) greenlit the financial products.

Similarly, Cumulative Volume Delta (CVD) metrics exposed speculative vs. genuine demand, with Glassnode claiming that the current perpetual futures dominance suggests BTC’s latest rally is leaning speculative.

Altcoins Get Left Behind

The joint report also noted that Bitcoin’s sensitivity to macroeconomic forces has eclipsed its crypto-native cycles. Its price now moves tightly alongside the Global Liquidity Index (GLI) and traditional markets like the S&P 500, while moving against assets like the U.S. dollar.

Spot Bitcoin ETFs have validated this macro alignment. While some critics had dismissed them as fleeting speculation when they were first introduced, Glassnode’s “unhedged demand” metric, which filters out arbitrage-driven flows, shows that they now represent genuine long-term institutional muscle.

Meanwhile, the study revealed that altcoins are facing a liquidity crisis, with capital concentration mainly favoring Bitcoin and speculative meme coins on Solana. Per the data, in this cycle, funds going into altcoins dropped by a whopping $46 billion compared to the last boom. Ethereum, which once captured up to 65% of altcoin inflows, has since seen its share plummet to just 31%, with only Solana and XRP managing to outpace BTC.

In Solana’s case, the uptick was fueled mainly by an explosion of meme coins, which saw their collective value shoot up 9,150% from $400 million to $37 billion. XRP has also had a wild ride of its own, with the anticipated resolution to a long-winded legal battle between the SEC and Ripple Labs over the token’s status, helping boost its value in the market on several occasions.

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BTC and ETH Rebound as Altseason Optimism Fades: Binance Report

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ˇTThis week, bitcoin (BTC) and ether (ETH) recovered from the decline triggered by geopolitical developments last week. While BTC showed greater resilience compared to ETH, both assets rebounded strongly as tensions appeared to ease.

According to a weekly report by the world’s largest crypto exchange, Binance, Bitcoin’s dominance recorded a slight decline during the recovery. However, this is not a strong indication that the market will soon witness an altseason.

BTC, ETH Prices Rebound

Binance said bitcoin’s resilience signaled a potential shift toward risk assets as macro conditions somewhat improved.

After a broader shakeout triggered by geopolitical tensions, both traditional assets and BTC ended the week in the green. However, BTC solidified its position as an emerging hedge asset amid geopolitical uncertainty, recovering to $107,000 after falling to $98,000 at the beginning of the week.

On the other hand, ETH followed a similar trajectory but exhibited greater downside volatility and a less pronounced recovery. The asset’s performance showed that it is less established in the role of a hedge asset. ETH closed the week below its opening price at $2,480 after plunging to a low of $2,130 on Monday.

“While it remains uncertain whether Bitcoin will sustain its outperformance following this weekend’s events, its strong initial recovery may signal market expectations for a continued upward trend in the largest cryptocurrency. Bitcoin dominance remains elevated at ~66%,” Binance added.

Altseason Optimism Fades

As both assets strive to remain above certain support zones, optimism for an altseason in this cycle is fading. Investors are increasingly asking when the altseason will begin.

According to historical data, these have consistently followed strong BTC rallies, becoming more pronounced when the leading asset enters a consolidation phase. During these times, capital has rotated from BTC to more volatile, small-cap altcoins with higher speculative appeal.

Interestingly, past altcoin seasons have been characterized by new industry themes, such as initial coin offerings (ICOs), decentralized finance (DeFi), and layer-2 solutions. In this cycle, the prevailing concepts — meme coins, BitcoinFi, and decentralized physical infrastructure network (DePIN) — are modifications of previous trends, so they are not strong enough to trigger major rallies.

This cycle is also different because of the oversaturated market of new projects. Binance analysts insist that even if fresh capital flows into altcoins, it is likely to be diluted across the numerous tokens currently in existence. Hence, the market requires a significant catalyst to trigger the altseason, as capital rotation and industry narratives are no longer sufficient.

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