- Ethereum topped all blockchains by attracting $475 million in new capital inflows over the last month.
- The TOTAL3 index held firm above its 200-week moving average, pointing to growing strength in the altcoin market.
- Capital inflows to Ethereum and Arbitrum coincided with sharp outflows from Berachain, Optimism, and Solana.
Ethereum has recorded the highest net capital inflow among blockchain networks over the past month, attracting $475 million in new funds. Data from Artemis, shared by on-chain analyst @rovercrc, shows Ethereum outperforming all other chains in terms of investment activity. The rise reflects growing investor confidence in Ethereum’s role as a core infrastructure for digital assets.
Following Ethereum, Arbitrum brought in more than $400 million in net inflows during the same period. Other Ethereum-related chains, including Polygon PoS, Base, and Unichain, also reported moderate capital gains. The consistent movement of funds into these networks indicates steady user demand and development activity within Ethereum’s Layer 2 ecosystem.
Berachain and Optimism See Capital Exit as Funds Shift
While Ethereum-based networks saw strong inflows, several other platforms experienced capital outflows. Berachain led the decline, with over $550 million withdrawn, while Optimism’s OP Mainnet recorded more than $250 million in outflows. Solana, Avalanche C-Chain, Blast, zkSync Era, and WorldChain also faced liquidity losses, showing a shift in investor focus during the month.
The broader altcoin market is showing signs of renewed strength. The TOTAL3 index, which excludes Bitcoin and Ethereum, recently retested its major support near $720 billion. This area had previously served as a resistance level in 2022. The support has now held twice, followed by rebounds, indicating increased market stability in the altcoin sector.
Analysts have identified $1.15 trillion as the next resistance level for the TOTAL3 index. A breakout above this mark could lead the altcoin market toward a potential $2 trillion valuation. The index remains above its 200-week moving average, a long-term bullish indicator, and technical signals show momentum building in favor of further gains.
