📉 Trading volume among crypto's 10 largest stablecoins has dropped to roughly 1/4th of the level we saw in the midst of the bull cycle in early December. Several factors are contributing to this:

📌 Trader Fatigue: Following the all-time high top back on January 19th, both institutional and retail traders have increasingly moved capital and taken profits while awaiting new catalysts.

📌 There have been new regulatory announcements in major markets, raising the level of uncertainty and causing traders of all sizes to take more of a 'hodling' approach for the time being

📌 Bitcoin's supply on exchanges recently reached a 7-year low, indicating trader contentment with executing less on-chain trading on a daily basis

🤯 With news of institutions like GameStop and BlackRock are integrating Bitcoin and launching yield-bearing tokenized treasury funds on Solana, crypto's #5 market cap asset is seeing an astounding level of bullish sentiment pouring in on social media.

Many social media posts reflect optimism for a market recovery, with a bullish outlook on the broader cryptocurrency market.

Overall, the combination of technological advantages, institutional interest, community support, and influencer engagement are contributing to a nearly unheard of positive vs. negative commentary ratio of 18:1 right now.

Track how the top 4 non-stables in crypto are fluctuating from a crowd sentiment perspective with this handy chart you can bookmark here!

📺 Our latest video with Thinking Crypto takes a look at some of the rebounds in crypto, and whether they have some staying power this time around. We also deep dive on metrics for Bitcoin, Ethereum, XRP, and Solana.

📊 Friday has been up and down for cryptocurrency prices, and crowd focus has heavily veered toward Bitcoin's price, and what to make of the Strategic Bitcoin Reserve. We have also seen major upticks in Solana and memecoin interest the past couple of days.

See what topics are driving markets with the completely FREE Alpha Narratives tool!

😒 With crypto's slide and Bitcoin's fall down to $86K today, the community's sentiment levels are essentially at rock-bottom.

🪙 Bitcoin $BTC: Extreme crowd bearishness

🪙 Ethereum $ETH: Extreme crowd bearishness

🪙 XRP $XRP: Extreme crowd bearishness

🪙 Solana $SOL: Extreme crowd bearishness

Historically, when notably high FUD and trader capitulation begins to trickle in at these levels, the cryptocurrency bottom is near.

📺 We kick off our video series with CryptosRUs & AlphaFirst by discussing the state of crypto markets as prices range. How has the $LIBRA fallout impacted traders' moods? Is more $BTC pain needed before we bounce to all-time highs? We explore here!

🧐 Solana sentiment has dipped to its lowest level since the big retrace on January 20th. Traders are expressing frustration over $SOL's 3-month low price of $161. While discussion rates are extremely high and crowd sentiment is bearish, this is historically a signal that there is a high bounce probability.


Markets typically move the opposite direction of the crowd's expectations. There are no guarantees in cryptocurrency, but pro traders often take the position of being contrarians to whatever direction the crowd is leaning.


Feel free to monitor Solana's crowd moods and discussion rates here, and see what others in crypto can't.

🧑‍💻 When accounting for entire crypto ecosystems (all projects that currently run on a respective blockchain), Ethereum, BNB Chain, and Polygon are seeing the most development activity.

But it may surprise you to see dev. activity rate ascensions over the past 6 months from Avalanche (+10.0%), Harmony (+9.6%), and Solana (+7.4%). As more cryptocurrencies emerge that use available blockchain technology, Layer 1's that are getting the most usage will likely see advantageous market cap growth as 2025 progresses.

Follow along with the helpful Ecosystem Development Activity Events Dashboard here!

🗣️ The top trending topics that are circulating across crypto social media Thursday are:

🥦 Broccoli is trending due to its association with a meme coin linked to the dog owned by @cz_binance. The Broccoli token has gained attention on social media, particularly X, as users discuss its recent purchase surge, market cap, and trading volume. This excitement has sparked broader conversations about meme coins, with mentions of trading and investment opportunities on platforms like Binance Smart Chain.

🐶 Dog is trending for the same reason, as CZ's pet dog, Broccoli, and associated new meme coin has sparked speculation. The whimsical nature of the dog's name and CZ's influence have captivated many, driving the trend.

📈 $BNB is trending due to significant discussions about its recent bullish performance in the cryptocurrency market. Users have shown returned optimism about BNB's potential, particularly after its market cap surpassed Solana (SOL), making it the 5th largest cryptocurrency. There is excitement around upcoming upgrades and the aforementioned dog-themed meme coin launch by Binance's founder, which has further fueled interest in BNB and its ecosystem.

🪙 $SOL and its performance is being discussed in relation to other cryptocurrencies like Bitcoin and Ethereum. Users are expressing interest in staking and DeFi opportunities associated with Solana, indicating a growing interest in its potential despite some skepticism about meme coins.

Check out the full top 10 leaderboard here, and keep tabs on what subjects are driving cryptocurrencies on a day to day basis!

📺 How has on-chain network and social activity been looking for Bitcoin, XRP, and Solana as prices ebb and flow within crypto's ranging pattern? We catch up with Thinking Crypto in our latest video and dive into the charts!