“Isn’t it just the cat’s pajamas how Ethereum and the others have managed to stir up a ruckus in the futures market?” one might ask. Well, I tell ya, the data spins a yarn of their own making. While Bitcoin lounges in its sumptuous chair, Ethereum and a gaggle of altcoins have cinched 85% of that grand ol’ futures scene. And, my friend, let me tell you, Bitcoin’s share looks about as tasty as yesterday’s hash browns. 🍟😒
Ethereum & Altcoins Nap on Futures Trading Volume
In a cheeky post on the interwebs, our very own CryptoQuant smarty-pants, Maartunn, chatted about this latest kerfuffle in the futures trading volume. The way I see it, futures volume here ain’t some secret agent business-it’s just the amount changing hands in futures-related trades on those fancy derivatives exchanges.
Here’s a chart from Maartunn showing ETH and those pesky alts enjoying more prominence over the past moon cycles:
That graph over yonder tells a tale of a sharp uptick in alts’ futures-that’s a way of saying folks are betting left and right on these quirky coins like kids on a sugar rush. Ethereum, bless its heart, hasn’t snagged quite as much, but it has seen a bit of a lift alongside the alts.
Together, ETH and the alts have cornered around 85.2% of the cookie jar-that’s the total crypto futures trading volume. This leaves our old friend Bitcoin teetering below 15% in the future stakes. Historically, these numbers spell bad news, like a frog in your soup. Remember the shenanigans back in the late 2024 and Summer 2025 price peaks?
With Ethereum and its merry band of alts strutting about in the futures fandango, one could wager that panic might just tickle the ribs of Bitcoin and other assets. Rumor has it, turbulence might be on the cards again. 🌀💸
Meanwhile, in another stall at the fair, on-chain analytics firm Santiment tinkered with some numbers in their latest post. They catered to us with a hearty serving on Development Activity rankings. Imagine it as a peep at how many times developers hammer away at that public GitHub keyboard.
This “events” calorie count is from any digital fingerprint left behind by a developer-things like the push of a commit or whipped up fork. Check the table Santiment presented, displaying the standings for cryptocurrency projects based on this unique Development Activity:
The rundown, as seen in that table, has Ethereum already taking a humble position at number ten in terms of 30-day Development Activity-despite it flaunting a market cap that’s the bee’s knees, second only to Bitcoin, mind you. As for the star of the show, it’s Internet Computer (ICP), whose D.A. is somewhere north of three times that of ETH’s.
ETH Price Drama
Ethereum once rose above $4,750-only to face a bit of pushback, knocking it back down to $4,450. It’s enough to make any attentive onlooker scratch their head, pondering what’s next for dear ol’ ETH. 🤔📉
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2025-09-17 11:19