The cryptocurrency market has become much more centralized than ever before. Such a conclusion can be drawn from the data platform Messari.
Research Analytics project of Wilson Uisiana, the actual market volume is concentrated only on three digital assets: bitcoin (PTS), Ethereum (ETH) and the token USDT from the Tether. Today, these three digital asset accounts for 90% of the trading volume.
Increasing activity on cryptomeria looks promising for BTC, ETH, and USDT, but the future of other coins it is difficult to predict.
The analyst said:
The bullish rally is stimulating widespread interest in new networks. Uncertainty causes the opposite effect.