.png){kind=logo}
Stablecoin dominance continues to rise as most crypto assets remain weak, according to a recent daily chart. This data tracks the share of stablecoins in the total crypto market value over several months.
Current numbers show a steady increase from September into December, followed by consolidation near the 10.8% to 11% range. During the same period, broader crypto markets experienced visible selling pressure.
Market commentary alongside the chart noted that stablecoins were the only bullish segment in crypto at the time. The post also noted traders watching for a potential rotation phase.
The Stablecoin Dominance chart shows a clear upward trend beginning in early September. Dominance recovered from levels near 7.5% before advancing steadily through October and November. As the trend developed, price action formed higher highs and higher lows. Each pullback found support above previous levels, indicating consistent demand for stablecoin exposure.
By early December, dominance reached a resistance zone near 11%. Price then moved sideways, forming a tight range beneath that level while maintaining the broader upward structure.
During December, stablecoin dominance entered a consolidation phase. The chart showed repeated tests of resistance near the same price area. Support appeared near the lower boundary of the range. Buyers stepped in after each dip, preventing a deeper pullback.
The chart included Fibonacci levels above the current price. A projected path suggested a potential move toward the 12% area if resistance breaks. No timing for such a move was indicated. Crypto analyst Alex Clay commented that stablecoins stood out as the only bullish segment in the market. The comment appeared in a public post dated December 16.
The post referenced ongoing declines across other crypto assets. It described traders observing the market while waiting patiently for rotation signals.
The statement also mentioned expectations for an ‘altseason.’ No confirmation or supporting data accompanied that reference.
The dominance trend reflected an increase in capital allocation toward stable assets. This behavior often aligns with risk-off conditions across broader markets.
Throughout November and December, dominance remained above key moving averages shown on the chart. That positioning suggested continued strength relative to other crypto sectors.
Volume data was not displayed in the shared image. As a result, participation levels behind the move could not be assessed from the chart alone.
Despite consolidation, the broader trend structure stayed intact. Higher lows continued forming within the range. The chart showed no breakdown below key support zones. As long as support holds, dominance remains elevated compared to earlier months. Market participants continue monitoring whether dominance breaks higher or returns to prior ranges. For now, stablecoins continue to hold a growing share of the cryptocurrency market.
Also Read: Visa Launches Circle’s USDC-Powered Stablecoin Payment Service for US Banks
Stablecoin dominance has continued to rise amid broader crypto market pressure. The trend reflects defensive positioning, with capital favoring stability over risk. Market participants now watch closely for a breakout or reversal that could signal the next phase of crypto market rotation.
