According to @lookonchain, the total stablecoin market cap fell by $1.81B last week, with USDT and USDC on Ethereum declining by $3.38B, source: Lookonchain on X, Sep 29, 2025. According to @lookonchain, DEX spot trading volume reached $140.33B, up 18.68% week over week, with Uniswap at $28.89B (+25.01% WoW) and PancakeSwap at $22.335B (+7.19% WoW), source: Lookonchain on X, Sep 29, 2025. According to @lookonchain, DEX perpetuals volume totaled $515.258B, a 230.72% WoW surge led by Aster at $270.679B (+2,385.80% WoW) and Hyperliquid at $80.527B (+34.05% WoW), source: Lookonchain on X, Sep 29, 2025. According to @lookonchain, whales and institutions were active: BitMine bought 234,846 ETH ($963M) and now holds 2,650,900 ETH ($10.87B); Strategy bought 196 BTC ($22.1M) at about $113,048 and holds 640,031 BTC ($72.9B); two whales accumulated 129.59M ASTER ($259M), equal to 7.82% of circulating supply, source: Lookonchain on X, Sep 29, 2025.

According to Lookonchain, on-chain data for Sept 15–21, 2025 show total stablecoin market capitalization rose by $3.61B, with USDT and USDC balances on Ethereum increasing by $4.24B. Source: Lookonchain, Sep 22, 2025. DEX spot volume reached $118.24B, up 8.38% week over week, led by Uniswap at $23.111B (+2.10%), PancakeSwap at $20.837B (+35.77%), and Meteora at $9.092B (+28.44%). Source: Lookonchain, Sep 22, 2025. DEX perpetuals volume totaled $155.42B, a 32.31% WoW increase, with Hyperliquid at $60.065B (-8.34%), Lighter at $29.455B (+24.95%), and edgeX at $14.101B (+10.61%). Source: Lookonchain, Sep 22, 2025. Institutional and whale flows included BitMine buying 264,378 ETH ($1.11B) to hold 2,416,054 ETH ($10.12B), Strategy buying 850 BTC ($99.7M) at about $117,344 to hold 639,835 BTC ($72.12B), Metaplanet buying 5,419 BTC ($632.5M) at about $116,724 to hold 25,555 BTC ($2.88B), and Helius buying 760,190 SOL ($175M) at $231. Source: Lookonchain, Sep 22, 2025. Lookonchain noted large institutional investors continued ramping up purchases of ETH, BTC, and SOL. Source: Lookonchain, Sep 22, 2025.

According to @cas_abbe, stablecoin market capitalization has reached a new all-time high of $306.28 billion, indicating substantial buying power in stable assets (source: @cas_abbe on X, Sep 20, 2025). According to @cas_abbe, this total is now almost equal to the combined market cap of altcoins excluding the top 10, suggesting significant liquidity on the sidelines that could impact altcoin price action if deployed (source: @cas_abbe on X, Sep 20, 2025).

According to @lookonchain, DEX spot trading volume totaled $94.796B last week, down 17.16% week over week, while DEX perpetuals volume fell 27.89% to $107.187B, source: @lookonchain. Uniswap handled $23.556B (-23.09% WoW), PancakeSwap $15.349B (+10.60% WoW), and Meteora $5.75B (+32.49% WoW), source: @lookonchain. Perps venues saw Hyperliquid at $60.596B (-31.22% WoW), edgeX $9.972B (-0.23% WoW), and Orderly $4.36B (-33.22% WoW), source: @lookonchain. The total stablecoin market cap increased by $2.04B, with USDT and USDC on Ethereum up $2.66B and on Solana down $775M, source: @lookonchain. Six listed companies purchased 3,647.17 BTC (~$410M), Bitmine (BMNR) bought another 202,469 ETH ($881M) to hold 2,069,443 ETH (~$9B), and the Ethereum Foundation sold 10,000 ETH ($42.7M), source: @lookonchain.

According to Lookonchain, during Aug 25-31, 2025, DEX trading volumes fell by about 10% (source: Lookonchain on X, Sep 1, 2025). Over the same period, the aggregate stablecoin market capitalization increased by 6.65 billion dollars, which Lookonchain indicated signals fresh capital inflow (source: Lookonchain on X, Sep 1, 2025). Lookonchain also reported that institutions continued to buy Bitcoin BTC during the week (source: Lookonchain on X, Sep 1, 2025). For traders, these on-chain readings highlight softer DEX activity alongside expanding stablecoin liquidity and ongoing institutional BTC demand for that week (source: Lookonchain on X, Sep 1, 2025).

According to @AltcoinGordon, the author stated on X that they are very bullish and expect stable coins to 10x from here, without specifying a timeframe or catalysts, indicating this is an opinion rather than a data-backed forecast; traders should verify with objective metrics before positioning. source: @AltcoinGordon on X Key confirmation metrics include total stablecoin market cap and net issuance trends for USDT, USDC, and DAI, which can be tracked via DeFiLlama’s stablecoin dashboard and issuer disclosures. source: DeFiLlama stablecoins dashboard; Tether Transparency; Circle monthly attestations; MakerDAO analytics Rising stablecoin buying power relative to BTC is captured by the Stablecoin Supply Ratio and growing exchange stablecoin balances, historically associated with improved crypto market liquidity. source: Glassnode Academy Stablecoin Supply Ratio; Glassnode exchange balance metrics Risk checks remain essential: depeg events and adverse regulatory headlines have previously impaired stablecoin liquidity and market functioning. source: BIS Quarterly Review 2023 analysis of stablecoins; US Treasury FSOC 2023 Annual Report on digital asset risks Actionable watchlist: monitor USDT net issuance, USDC circulating supply changes, DAI supply and stability fee adjustments, and the Stablecoin Supply Ratio; sustained uptrends across these indicators would lend support to the author’s bullish stablecoin view. source: Tether Transparency; Circle monthly attestations; MakerDAO governance updates; Glassnode Academy

According to @lookonchain, stablecoin market cap on Mantle has risen 22.85% over the past week, reaching $653.51 million, indicating strong inflows. Mantle has also been listed on the Strategic ETH Reserve, contributing 101,867 ETH valued at $388 million. In response to these developments, the price of MNT has surged nearly 25% today, reflecting increased trader interest and potential bullish momentum in the Mantle ecosystem. These capital inflows and reserve listings could further impact MNT and ETH trading volumes and volatility. Source: @lookonchain.

According to Jakob K (@JKronbichler), a significant trend has emerged as more fintech companies are adopting stablecoins for settlements over the past year, citing challenges such as fiat transaction delays, cash flow gaps, and the inefficiency of pre-funding requirements as major obstacles to scaling operations. This shift towards stablecoin settlement is enabling fintechs to streamline cross-border payments, reduce liquidity risks, and improve transaction speed, which could drive higher on-chain volumes and impact demand for leading stablecoins like USDT and USDC. Traders should monitor stablecoin market caps and transaction data for potential opportunities as fintech adoption increases (Source: Jakob K, Twitter).

According to @KobeissiLetter, stablecoins now hold $149 billion in US Treasuries, ranking as the 18th-largest external holder. These holdings have increased by approximately $58 billion, or 64 percent, since Q1 2023. During the same period, the total market capitalization of stablecoins has doubled to a record $240 billion. This significant growth in Treasury-backed reserves highlights the increasing institutional confidence in stablecoins and signals deeper integration between crypto and traditional finance. For crypto traders, these trends suggest enhanced market liquidity and growing demand for stablecoin-based trading pairs, which could impact price stability and trading volumes across major cryptocurrencies (Source: @KobeissiLetter).

According to @KobeissiLetter, stablecoins now hold $149 billion in US Treasuries, making them the 18th-largest external holder. Since Q1 2023, these holdings have increased by approximately $58 billion, a 64% rise. During the same period, the total market capitalization of stablecoins has doubled to a record $240 billion. This rapid growth highlights the increasing integration of stablecoins with traditional financial instruments and provides added liquidity and stability to the broader cryptocurrency market, potentially supporting trading activity and investor confidence.

According to @rovercrc, the stablecoin market capitalization is experiencing rapid growth, signaling increased demand for stable assets within the cryptocurrency market. This expansion in stablecoin market cap suggests traders are seeking liquidity and stability amid volatile crypto conditions. The growth trend may indicate potential capital inflows into major cryptocurrencies such as BTC and ETH as stablecoins often serve as on-ramps for trading activities, making this an important metric for market participants to monitor for strategic trading decisions. Source: @rovercrc

According to @lookonchain, Ethereum (ETH) demonstrated significant bullish momentum in the week of July 14-20, 2025, with its price surging nearly 30% and leading the broader altcoin market. This price action was accompanied by a massive 58% increase in decentralized exchange (DEX) perpetuals trading volume, which reached an all-time high of $137.295 billion. The report also highlights positive sentiment in the stablecoin market, where the total market capitalization increased by $2.726 billion, suggesting new capital inflow into the crypto ecosystem.

According to @StockMKTNewz, the market capitalization of Euro-pegged stablecoins has surged 44% to nearly $480 million, driven by the EUR/USD exchange rate's 12.88% gain in the first half of the year, which nearly rivaled Bitcoin's (BTC) 14.8% rise, according to data from TradingView and Coingecko. The analysis highlights that Circle's EURC stablecoin has led this growth, with its market cap expanding 138% to over $200 million. Key catalysts cited include a weakening U.S. dollar and the European Union's crypto-friendly MiCA regulation, which provides an opportunity for compliant stablecoins like EURC as major competitors like Tether (USDT) are not compliant. For traders, the 90-day correlation between EUR/USD and Bitcoin has increased to 0.62, the highest since February 2024, indicating a strengthening relationship between the two assets.

According to Nic Carter on Twitter, macro investor Scott Bessent recently increased his stablecoin market cap projection from $2 trillion to $3.7 trillion within a single week (source: @nic__carter, June 17, 2025). This rapid upward revision signals growing institutional confidence in the adoption and scalability of stablecoins, likely impacting trading strategies for USDT, USDC, and DAI. The accelerated growth forecast highlights stablecoins' increasing role in crypto liquidity and cross-border transactions, indicating potential bullish momentum for related DeFi assets and protocols.

According to Lookonchain, Bitcoin (BTC) experienced a significant 5.5% decline last week, dropping from $110,000 to below $104,000, primarily due to escalating tensions and conflict between Israel and Iran (source: Lookonchain Twitter, June 17, 2025). In contrast, the stablecoin market saw notable growth, with the total market cap of major stablecoins such as USDT and USDC increasing by $1.27 billion. This capital flow into stablecoins suggests risk-off positioning from traders, with many reallocating funds to more stable digital assets rather than holding volatile cryptocurrencies. This trend indicates heightened caution among market participants and may signal further short-term volatility in the broader crypto market.

According to Lookonchain, Bitcoin (BTC) experienced a 5.5% drop last week, falling from $110,000 to below $104,000, primarily due to escalating tensions and conflict between Israel and Iran (source: Lookonchain Twitter, June 17, 2025). Despite the BTC selloff, the total stablecoin market capitalization increased by $1.27 billion, with USDT and USDC seeing notable inflows. For traders, this indicates a risk-off sentiment, with capital rotating from volatile assets like BTC into stablecoins for capital preservation. The market shift suggests increased caution and liquidity preference, impacting both short-term trading strategies and crypto portfolio allocations (source: Lookonchain Twitter, June 17, 2025).

According to Miles Deutscher, the 'Pillar 4: Narrative + Dry Powder Pulse' trading indicator currently shows a yellow status with a score of 0.5. This is based on Google Trends data for 'ai crypto' searches, which must exceed a threshold of 30, and stablecoin market cap growth, which requires at least an 8% quarter-over-quarter increase. Neither condition has been fully met, signaling a cautious outlook for traders seeking strong bullish momentum in AI-related crypto assets. This metric is closely watched for predicting when fresh capital and narrative interest could drive significant price action in the AI crypto sector (source: Miles Deutscher on Twitter, June 9, 2025).

According to Milk Road's recent interview with Olivier Roussy Newton, traders should closely monitor liquidity flows and institutional adoption as leading indicators for crypto market momentum in 2025. Newton highlighted how increased Bitcoin ETF inflows and rising stablecoin market caps are supporting bullish trends, while also warning of short-term volatility driven by regulatory updates and macroeconomic shifts (Source: Milk Road, June 2, 2025). For active traders, keeping an eye on on-chain analytics and news catalysts remains essential for managing risk and identifying breakout opportunities.

According to Paolo Ardoino (@paoloardoino), USDt has emerged as the fastest growing stablecoin over the past two weeks, increasing its market capitalization by $1.65 billion while competing stablecoins have experienced declines. This surge in USDt's market cap signals a shift in trader preference and liquidity, potentially impacting stablecoin pairs and arbitrage opportunities across major crypto exchanges. Traders should monitor USDt trading volumes and liquidity flows, as these changes may influence price stability and spread dynamics in the broader cryptocurrency market (Source: Paolo Ardoino via Twitter, May 14, 2025).

According to @Tether_to, Tether's USD₮ stablecoin has reached a $150 billion market cap since its 2014 launch, marking a significant milestone for the stablecoin sector and the broader cryptocurrency market. With over 400 million users globally, Tether's dominance boosts trading liquidity and market stability across exchanges, providing critical infrastructure for crypto traders and DeFi platforms. This achievement highlights the increasing integration of stablecoins in digital asset trading and payment systems, reinforcing USD₮ as a foundational asset for crypto liquidity and risk management (Source: @Tether_to, May 12, 2025).