A new report from 10x Research highlights key structural shifts across the crypto market, driven by ETF flows, treasury diversification, and muted price reactions.
Part one of their two-part Crypto Trends Chart Book outlines macro and asset-specific changes that are quietly reshaping investor behavior.
Bitcoin Below Key Averages as Institutions Accumulate
Bitcoin (BTC) has fallen below its 30-day moving average, signaling short-term caution for traders. Still, long-term sentiment remains buoyed by strong institutional inflows and a rise in treasury allocations. Despite escalating geopolitical tensions, BTC’s resilience highlights growing confidence from corporate treasuries and asset managers.
Ethereum and Solana ETF Hopes Meet Investor Caution
Ethereum (ETH) continues to attract inflows through ETF channels, with institutional accumulation and staking participation supporting its narrative. However, large token transfers and elevated open interest suggest potential near-term volatility.
Solana (SOL), meanwhile, saw optimism around ETF-related amendments. But with muted price response and funding concerns, the market remains hesitant. Still, SOL holds near $145, supported by institutional backing and ecosystem strength.
Altcoin Strategies Shift as Confidence Wavers
Cardano (ADA) and Polkadot (DOT) are reportedly weighing treasury asset shifts toward BTC and stablecoins. This pivot underscores a broader loss of confidence in their native ecosystems. For ADA, the lack of a strong stablecoin infrastructure appears to be a growing concern.
Avalanche (AVAX) faced heavy selling after ETF delays, but the price rebounded as user activity stayed strong. TON (Toncoin) also recovered from brief network congestion after a $1.5 billion bond announcement and new DeFi integrations.
Tron (TRX) continues to benefit from supply cuts and high stablecoin volumes, maintaining price stability. XRP remains in limbo; despite APAC investment and SWIFT-alternative narratives, progress remains tied to the unresolved SEC case.
Source
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/whats-moving-the-crypto-market-10x-research-explains/