Altcoins Takeover Incoming? These On-Chain Metrics Signal An Imminent Market Shift
August 16, 2025 · 8:00 PM
The cryptocurrency market experienced significant gains, with Bitcoin reaching a new all-time high of approximately $124,100 and Ethereum briefly touching $4,800. On-chain data suggests that Ethereum and other altcoins may be at the beginning of an extended rally, potentially outpacing Bitcoin. Notably, the supply of ERC20 stablecoins hit a record high of around $128.7 billion, indicating increased liquidity for investments in altcoins.
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