An analytical company suggested that bitcoin may go to another bull market, where the noise around the coins begins to fade and the encryption community restores its interest in pioneering encryption and other first layer protocols.
Santemi acknowledged that the encryption community turned into Bitcoin It can indicate the market entitlement, creating renewed optimism in the broader digital asset market.
Convert attention to bitcoin
The giant data giant noted that the cryptocurrency sector has once converted its attention to Bitcoin in the past few weeks with the decline in the meme currency tools.
“The encryption community has largely turned their attention to Bitcoin and other first -class origins such as Ethereum, Solana, Toncoin and Cardano,” Santint said in a post.
Analysis companies have noted that social discussions about Bitcoin and other layer protocols are high, and they exceed the discussions on Mimi currenciesAnd that was talking about the encryption space for some time.
😀 The encryption community has turned their attention to Bitcoin and other assets such as Ethereum, Solana, Toncoin and Cardano. Group, the first layer assets 1 get 44.2 % of the discussions between the specified metal currencies. Meanwhile, the upper Mimy coins like Dogecoin, Shiba … pic.twitter.com/pbbjd9vsi4
– Santiment (Santimentfeed) February 10, 2025
“Collectively, the assets of the first layer 1 get 44 % of the discussions between the specified metal currencies. At the same time, higher metal currencies such as Dogecoin, Shiba Inu and Pepe are less and less via social media.”
Data giant ratios this shift to “recent fluctuations, and backward speculation prices.”
A more stable and sustainable market
Santime explained that the investors in the attention of the coins to bitcoin and Layer 1 It only indicates “a more stable and sustainable market environment.”
“Metal coins tend to attract speculative enthusiasm, often driven by noise, viral trends, and gambling mentality instead of the basic value. When these assets are dominated by discussions, they usually indicate a stage of excess greed, where traders chase quick short -term gains without Consider the long -term feasibility. “
Sanitment called Bitcoin and other Layer-1 protocols “The basic infrastructure of the encryption space”, believed that the increased interest of the encryption community in these assets often reflects a “more mature and enlightened approach” by the encryption community.
The data giant added that it also means that society wants to set the priorities of “security, innovation and the adoption of the real world.”
“Blockchains Layer 1 supports smart contracts, decentralized applications, and the expansion of the network-long-term growth engines in the industry,” the analysis company said.
The market cycle is healthier
Analysis companies have suggested that investors have regained investor attention towards Bitcoin and away from the Mimi currency that proves that the encryption community tends more to sustainability.
“When merchants return to the assets of powerful benefit and in place, it refers to a healthier market cycle. This shift encourages a more balanced ecosystem, which reduces the risk of an increase in unnecessary prices and collision fed by the speculative obsession.
As of writing this report, Bitcoin is It was circulated at 97,825 dollars For each currency, an increase of 0.2 % in the last 24 hours. The total market value is approximately $ 2 trillion.
Distinctive image from Avira, tradingView graph
