The crypto market closed August with its most lively month since January, as spot buying and selling volumes climbed throughout main exchanges. Information from The Block reveals that month-to-month spot quantity reached $1.86 trillion in August, a 5% rise from July’s $1.77 trillion. Binance maintained its lead with $737.1 billion in spot trades, its highest since January, adopted by Bybit with $126.5 billion and Bitget with $126.1 billion.
(Supply: Alternate Quantity)
This renewed exercise comes alongside shifting investor preferences round the most effective altcoin to purchase. U.S. spot Ethereum ETFs attracted $3.87 billion in August inflows, whereas Bitcoin ETFs noticed $751.1 million in outflows throughout the identical month.
Nonetheless, this pattern reversed on Tuesday as spot Bitcoin ETFs recorded $332.7 million in internet inflows, led by Constancy’s FBTC and BlackRock’s IBIT, whereas Ethereum ETFs noticed $135 million in outflows. Analysts say this may occasionally sign a short-term rebalancing towards Bitcoin’s perceived stability, whilst Ethereum retains stronger yield potential over the long run.
In the meantime, decentralized exchanges additionally noticed their busiest month since January, with volumes hitting $368.8 billion. Uniswap led at $143 billion, adopted by PancakeSwap at $58.7 billion.
DISCOVER: High Solana Meme Cash to Purchase in 2025
Greatest Altcoin to Purchase Now: Eyes on Solana as SOL Worth Holds Above $209
Whereas
BTC ▲0.57% and 
ETH ▼-1.73% have proven blended indicators this week, buying and selling at $110,943 and $4,316 respectively, 
SOL ▲2.47% continues to strengthen.
Since early August, SOL has made a collection of upper highs, consolidating above $185 and now buying and selling round $209. Patrons look like focusing on the subsequent resistance at $227.
Simply flip the rattling S/R and ship Solana operating. https://t.co/oSQmTB2otk pic.twitter.com/WZRdtQLiYE
— VikingXBT (@VikingXBT) September 3, 2025
Buying and selling knowledge suggests sustained demand, with shopping for strain overcoming a number of makes an attempt by sellers to stall the uptrend. This power could mirror a rotation of capital from Ethereum to Solana, additionally seen on the SOL/ETH pair, the place Solana has outperformed since late August.
(Supply: SOL/ETH)
For merchants watching the market immediately, Solana’s momentum locations it among the many greatest altcoins to think about, particularly if the broader pattern of capital rotation continues into September.
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The put up [LIVE] Crypto Information At the moment, September 3 – Solana Breaks $209, Outperforming BTC and ETH: Greatest Altcoin to Purchase? appeared first on 99Bitcoins.
