April’s top swaps on SimpleSwap – what flow is showing 📈
🪙 $BTC
Back at the top. Flow picked up as price moved higher, still the main anchor, with active positioning around key levels.
🪙 $XMR
Stable demand remains. Flows into privacy protocols haven’t gone anywhere, and Monero continues to stand out as a pioneer in this segment, consistently attracting crypto-native users.
🔻 $TRX
Quietly moving into top activity. Often used as a routing layer, reflects practical usage rather than directional trading.
🪙 $USDT
Still the core liquidity hub. A large share of swaps continues to move through stables, typical positioning in uncertain conditions.
🔹 $ETH
Present, but not leading. Flows are steady, though still lagging behind BTC in terms of momentum.
What stands out:
Compared to March, there’s less hesitation and more execution, which aligns with a more constructive month for the broader market. Most assets moved higher, total market cap expanded, and the Fear & Greed Index recovered from extreme fear.
It’s still too early to call this a clear bullish trend, but the shift is noticeable, especially after a prolonged correction.
What were you swapping in April?
Post #2520
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