X @Ignas | DeFi

Market Sentiment & Trends - Crypto market sentiment has shifted towards anger, uncertainty, and exhaustion following a crash [1] - Altcoins have been significantly impacted, with BTC dominance at 59% [1] - The industry anticipates the market will soon forget Binance FUD, and business will continue as usual [1] - The industry believes a rotation from value sharing to wealth accumulation by whales/institutions is occurring [2] On-Chain Data Analysis - DeFi TVL remains near All-Time Highs (ATHs) [1] - Stablecoin supply continues to reach new ATHs [1] - EVM active addresses and transaction counts are stable [1] - Open Interest has decreased to levels seen in January 2025 [1] Potential Opportunities - The industry is anticipating MegaETH sale and Monad airdrop to perform well [3]