The market’s liquidity looks strong. The US $BTC and $ETH spot ETFs saw a total net inflow of $2.6 billion last week, the strongest week since October of last year.
Grayscale believes that while this round’s BTC drawdown was at most 50%, the long-term bottom may already have formed.
The picture hasn’t been fully confirmed yet: across the whole market, 778 coins fell, while 414 rose.
PayFi, DeFi and the Solana ecosystem rose by 4.10%, 2.46% and 2.93%, respectively.
AI, RWA and NFTs fell by 3.13%, 4.87%, and 3.04%, respectively.
Notably, NFT trading volume surged 155% week-on-week to $97.86 million. Both the number of buyers and sellers grew by more than 50%, indicating that on-chain activity and capital participation are clearly rebounding.
$ZEC If trading momentum can be sustained, it may gradually propagate to public chains, trading platforms, and related ecosystem projects.