Ether futures trading volume has exceeded Bitcoin’s for the first time since 2022, signaling a decisive shift in trader focus toward altcoins. This marks Ether’s largest recorded dominance over Bitcoin futures, with open interest approaching 40% as market positioning undergoes significant realignment.
Concurrently, USDT transfers on the Tron network registered substantial increases, with Binance processing 62% of daily volumes ranging between $2.5 billion and $3 billion. This activity indicates accelerating capital flows into alternative cryptocurrencies beyond Bitcoin.
BNB demonstrated notable outperformance, climbing 7.4% against Bitcoin over the past week. Institutional interest propelled this rally, highlighted by Nano Labs’ acquisition of $105 million worth of BNB for its treasury.
USTD reserves held on exchanges fell from $45 billion to $36 billion since early 2025, suggesting capital deployment into altcoins like Ether and BNB. The coordinated shifts in futures trading and stablecoin movements underscore a broader market rotation toward alternative digital assets.
This pivot toward altcoins carries implications for market volatility patterns and liquidity distribution across the cryptocurrency ecosystem as traders diversify exposure beyond traditional Bitcoin dominance.