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What's Next for Ethereum? Glassnode Analyzes the Altcoin Market

2025/07/24 11:14 (Updated 2025/07/24 18:00)
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Written by A.Yamada
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What's Next for Ethereum? Glassnode Analyzes the Altcoin Market

Significant Capital Inflows into Altcoins

Blockchain analytics firm Glassnode released its weekly report on the cryptocurrency market on the 23rd, noting an increase in open interest (OI) in the altcoin market, which could amplify market volatility. The report also provided insights into Ethereum's future price targets and support lines based on the current market environment. Last week, all altcoin sectors outperformed Bitcoin (BTC), with Ethereum (ETH) being particularly notable. As a result, the market capitalization of altcoins has increased by $216 billion over the past two weeks...

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