📈 August Trends: What’s really happening in the market

As usual, we start the month by looking at trading volumes on our platform. They gave a solid signal back in July and August.

⏺ In June we noted that most liquidity was flowing into ETH. The token gained nearly 50% in July, and another 18% in August. For BTC, July was mostly about profit-taking, and August closed with a 6.5% drop – even though both assets hit new all-time highs during the month.

⏺ Now, about August. In both BTC and ETH, selling pressure dominated as investors locked in profits. But not all capital went to stablecoins. Roughly 30% of the released liquidity rotated into SOL. The result? Solana closed August up 28%, moving against BTC’s trend just like ETH.

📊 What we are seeing is clear capital rotation within the market. Some of the money is leaving cycle leaders (BTC/ETH) and flowing into contenders for the next impulse. If this trend holds, SOL has every chance to keep outperforming.

Are we looking at a Solana rally next? 👀

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