Sygnum’s Q3 2025 Investment Outlook suggests a shift towards altcoins due to regulatory clarity, liquidity, and onchain activity. Bitcoin dominance drops over 6% as capital flows back into altcoins following geopolitical and trade-related pressures.

Bitcoin hits new all-time highs above $123,000 with liquidity trends remaining bullish. Bitcoin Spot ETFs now hold over $160 billion in assets under management, accumulating 110k BTC last quarter. Ether sees falling exchange balances, ETF inflows, and nearly 30% of its liquid supply staked.

Ethereum’s narrative shifts after successful Pectra upgrade and regulatory clarity from the SEC. Ether breaks its long-term downtrend with institutional demand surging. Sharplink plans a $1 billion ETH allocation, while Wall Street giants launch tokenization and stablecoin initiatives on Ethereum.

Decentralized exchanges capture 30% of all crypto spot trading as memecoin launches push DEX volumes to $530 billion. DeFi lending hits a record high of $70 billion locked, with liquid staking surpassing 30% of Ether’s supply. Sygnum warns of a potential memecoin bubble amidst altcoin momentum.

Read more at Cointelegraph: Altseason on the Horizon as Regulatory Clarity, Liquidity Surge: Sygnum