Markets· ★★· neutral·

Glassnode: altcoin spot volumes up since August but still below prior peaks

  • —Altcoin spot volumes remain below 2024–2025 peaks despite the August rebound
  • —Altcoin perp open interest rose in dollars but fell in coin terms over 30 days
  • —BTC dominance: 58.11% on CoinGecko vs 60.51% on TradingView due to methodology
  • —Coinbase Institutional: altcoin OI share 0.86 in September vs 0.71 in August
Why it matters: Diverging volume, open interest and dominance readings mean altcoin activity has not fully recovered.
Source: TokenPost