Amid market turbulence, the cryptocurrency sector is showing unexpected signs of resilience. Despite high volatility, falling prices, and concerns about tighter regulations, long-term Bitcoin investors, Ethereum whales, and stablecoin issuers continue to act with confidence and strategic foresight.
Bitcoin: Holding Continues
Analytical data indicates that the activity of Bitcoin holders aged between 3 to 6 months has dropped to its lowest level since mid-2021. This suggests that a significant portion of investors who purchased BTC in recent months are holding onto their assets despite sharp price fluctuations.
This trend signals growing trust in long-term strategies among market participants. Investors are not rushing to realize losses — on the contrary, they are showing confidence in future growth. Even with a potential further correction, during which BTC might drop to the $73,000 zone or even test $70,000, overall sentiment remains optimistic.
On the technical chart, BTC dominance is approaching the 64% level. A double top formation is expected — a potential signal of trend reversal and the beginning of altseason. This could lead to capital rotating into other crypto assets in the coming weeks.
Bitcoin Network Sees Record Activity
Despite the correction, the Bitcoin network continues to show impressive activity. In the first quarter of 2025, it processed transactions worth $5.5 trillion. These figures confirm that BTC’s real-world usage remains strong and that the FUD (fear, uncertainty, and doubt) surrounding the leading cryptocurrency is likely overstated.
Ethereum Whales Accumulate on the Dip
Amid Ethereum’s price decline, large holders — so-called “whales” — purchased over 130,000 ETH in a single day. This is yet another indication that institutional and experienced investors view the correction as a buying opportunity.
Such activity could signal an upcoming ETH price rebound or at least short-term stabilization. It may also be related to the anticipation of an Ethereum-based ETF approval and growing interest in smart contract platforms amid rising DeFi activity.
Grayscale Updates Its Solana ETF Application
Investment giant Grayscale continues to push forward the institutionalization of crypto assets. The company has submitted an updated S-1 filing to the SEC for the launch of a spot ETF based on the Solana (SOL) cryptocurrency.
This move strengthens institutional interest in Solana, which has already proven itself as a fast and scalable blockchain platform. If approved, the ETF could lead to a fresh wave of capital inflow into the SOL ecosystem and further solidify its market position.
Tether Prepares an Alternative to USDT
Tether CEO Paolo Ardoino has revealed that the company is considering launching a new stablecoin that would comply with U.S. regulatory requirements. According to him, USDT is better suited for developing markets, where it continues to dominate.
At the same time, Tether does not intend to adapt USDT to U.S. regulations. Instead, it plans to create a separate, “regulator-friendly” stablecoin for stricter jurisdictions.
The company already supports stablecoins that meet EU regulatory standards and continues to focus on emerging markets where demand for stable digital assets remains strong.
Despite short-term fluctuations, the crypto market continues to show signs of maturity. Long-term BTC holders, ETH whale activity, Grayscale’s institutional moves, and Tether’s strategic initiatives all point to a growing confidence among players with a long-term vision.
Analysts predict a possible final market shakeout within the next two weeks before a potential trend reversal. Investors should remain alert and prepared for any scenario — a new growth phase may be just around the corner.
