Ethereum's dominance peaks at #SOLTreasuryFundraising , what are the market prospects?
In August, Ethereum reached a dominance ratio of 14.98%, the highest level since September 2024, coinciding with a new record. Meanwhile, Bitcoin fell to 58.2%, its lowest level since January 2025.
This shift reflects a reallocation of capital within the cryptocurrency market: whales, especially on the Binance platform, have started accumulating Ethereum, confirming that Ethereum is no longer just a secondary player, but has become a true growth asset in the face of Bitcoin, which is still viewed as a safe haven.