Matrixport: Stablecoin funds continue to flow in, showing the resilience of the crypto market and the growth of applications

This article is machine translated
Show original

ChainCatcher reports, Matrixport's daily chart analysis indicates that despite slowing growth, stablecoin funds continue to steadily flow in, reflecting the ongoing development of the crypto ecosystem. Although this is not yet enough to trigger a landslide Altcoin market, it undoubtedly shows that the industry is far from stagnant.

Notably, stablecoin fund inflows continue to grow against the backdrop of uncertainty in stock and bond markets, suggesting that crypto assets are gradually evolving into a more uncorrelated asset class.

As discussions about tariffs and trade wars continue to heat up, the potential application scenarios of crypto are becoming increasingly attractive, which also makes us slightly optimistic about market prospects.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo