Lookonchain: Stablecoin Supply Grows $2.19B

Lookonchain data reveals stablecoin supply grew $2.19B last week as DEX spot volume rebounded 91.62% and perp volume surged 104.06% WoW.

Four public companies accumulated 1,371 BTC worth $107.96M, with Bitmine also purchasing 32,447 ETH for $81.01M while Strategy stayed flat.

Protocol revenue climbed 13.40% WoW led by Ostium’s 6435% spike, signaling renewed on-chain activity that supports higher BTC price prediction models and institutional crypto holdings tracking.

With BTC testing upper Bollinger resistance at $78975.51 while RSI(14) flashes overbought at 74.95, a healthy retracement to the 50-EMA support at $72637.46 seems probable before further continuation amid current DEX volume analysis and macro flows.