Ethereum (ETH) has been announced for the past month as the top blockchain network for net capital inflows, drawing in a new $475 million fund. The fresh data from Artemis, highlighted by on-chain watcher @rovercrc, shows that the platform easily outperforms all other chains and solidifies its place as a go-to backing layer for digital assets.
Arbitrum isn’t too late, attracting more than $400 million in net inflows, making it the second most popular capital pick for the same stretch. Other Layer 2 and sidechain setups such as Polygon POS, Base, Unicane also saw smaller profits and pointed to vibrant user activity and money traveling within the wider Ethereum scaling ecosystem.
Money is overflowing with $eth
Very strong on Altcoins pic.twitter.com/xb0bbe5rn2
– Crypto Rover (@rovercrc) May 24, 2025
Ethereum is screaming $475 million insanity. Other chains are strong enough to bleed the capital
Ethereum and its intimate peers have absorbed new investments, but they have found that several other well-known platforms are dealing with a big net spill. Berachain has increased its biggest losses, with users deducting more than $550 million from the platform. Optimism’s OP Mainnet also saw an outflow of over $250 million.
Celebrities such as Solana, Avalanche C-Chain, and Blast have similarly experienced a decline in liquidity, suggesting a clear trend for investors to recalibrate their capital or move away from these networks. In addition to that list, Zksync Era and WorldChain also posted negative net flows during this period.
Total3 Altcoin index flashes bullish breakout signal
Crypto Analyst Jelle (known online as @cryptojellenl) has recently taken X and pointed out the encouraging action at the Total3 index, focusing on the wider market.
This index is an important benchmark as it measures the total market capitalization of all cryptocurrencies except the two giants, Bitcoin and Ethereum, providing a clearer picture of the wider Altcoin space. According to Jelle, the index shows solid technical signs of a growing bullish trend.
#Altcoins are coming back to life.
One important hurdle to overcome: $1.15T.
If you break it, the sky is at its limit. pic.twitter.com/rkkqksuey5
– jelle (@cryptojellenl) May 23, 2025
He highlighted that the Total3 index has recently retested its key support levels of nearly $720 billion. This zone is important as it previously served as a heavy resistance in 2022.
Related: Altcoin Season 2025: Top 10 Altcoins Stack Now
The fact that these old levels of resistance are now inverted to solid support is a classic technical indicator, suggesting there is sufficient purchasing interest to promote further growth and upward momentum for altcoins.
Total3 Technical: Main support is retained
When drilled into chart data from the Total3 index, it is now above the 200-week moving average. This is a widely respected long-term bullish indicator. The chart shows that the index has recently retested this important support area twice. A healthy rebound follows, indicating the structural strength underlying the Altcoin market.
Source: x
Going forward, Gel and other analysts have identified the $1.15 trillion mark as the next major hurdle for a total of three indexes. If the index could break this level crucially, the idea would be that by mid-2025, the door could be opened to potentially drive towards $2 trillion.
Related: Why is the next altcoin season likely to be the biggest ever?
Such a move clearly shows the market’s desire to grow for altcoins, beyond just Bitcoin and Ethereum. This is the sentiment supported by these recent changes in capital flows and strong technical setups in key support zones.
Disclaimer: The information contained in this article is for information and educational purposes only. This article does not constitute any kind of financial advice or advice. Coin Edition is not liable for any losses that arise as a result of your use of the content, products or services mentioned. We encourage readers to take caution before taking any actions related to the company.