Bitcoin’s premium gap and scarcity metrics reinforce its dominance. Ethereum offsets weak derivatives with strong exchange withdrawals. Solana’s DeFi growth persists, though falling volumes spark short-term concerns. Since the start of September, volatility has shaped crypto markets, with investors searching for direction after months of mixed performance. Bitcoin [BTC] continues to anchor sentiment, while Ethereum [ETH] and Solana [SOL] each present unique strengths and challenges. Institutional interest, derivatives positioning, and DeFi growth now form the critical factors that will determine which of these three assets emerges as the leader this month. Therefore, examining structural signals, spot flows, and ecosystem data offers insight into the battle for dominance.
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