Ethereum Is Officially Crypto’s New Top Money Magnet: $475M In Fresh Inflows
- Ethereum (ETH) clearly led all blockchain networks in net capital inflows over the past month, pulling in $475 million.
- While Arbitrum also saw hefty inflows, other major chains like Berachain and Solana faced big withdrawals of capital.
- Analyst Jelle notes the broader TOTAL3 altcoin index is flashing bullish signals, now eyeing a major breakout toward $2 trillion.
Ethereum (ETH) has come out as the top blockchain network for net capital inflows over the past month, pulling in a hefty $475 million in new funds. Fresh data from Artemis, highlighted by on-chain watcher @rovercrc, shows the platform easily outpaced all other chains, cementing its spot as a go-to backing layer for digital assets.
Arbitrum wasn’t far behind, attracting over $400 million in net inflows, making it the second most popular pick for capital during the same stretch. Other Layer 2 and sidechain setups like Polygon PoS, Base, and Unichain also saw some smaller gains, pointing to lively user activity and money moving within the broader Ethereum scaling ecosystem.
E…
The post Ethereum Is Officially Crypto’s New Top Money Magnet: $475M In Fresh Inflows appeared first on Coin Edition.
Read More
ETH Holds Firm as Strong U.S. Jobs Data Lifts S&P 500 and Nasdaq Composite to Record Highs
Ethereum Is Officially Crypto’s New Top Money Magnet: $475M In Fresh Inflows
- Ethereum (ETH) clearly led all blockchain networks in net capital inflows over the past month, pulling in $475 million.
- While Arbitrum also saw hefty inflows, other major chains like Berachain and Solana faced big withdrawals of capital.
- Analyst Jelle notes the broader TOTAL3 altcoin index is flashing bullish signals, now eyeing a major breakout toward $2 trillion.
Ethereum (ETH) has come out as the top blockchain network for net capital inflows over the past month, pulling in a hefty $475 million in new funds. Fresh data from Artemis, highlighted by on-chain watcher @rovercrc, shows the platform easily outpaced all other chains, cementing its spot as a go-to backing layer for digital assets.
Arbitrum wasn’t far behind, attracting over $400 million in net inflows, making it the second most popular pick for capital during the same stretch. Other Layer 2 and sidechain setups like Polygon PoS, Base, and Unichain also saw some smaller gains, pointing to lively user activity and money moving within the broader Ethereum scaling ecosystem.
E…
The post Ethereum Is Officially Crypto’s New Top Money Magnet: $475M In Fresh Inflows appeared first on Coin Edition.
Read More