Crypto analytics platform Santiment reported Friday that five well-known digital assets dominated online discussions this week: Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Tether (USDT), and MultiversX (EGLD).
Bitcoin leads conversations on scarcity and adoption
Santiment said Bitcoin remained the most discussed asset, with debates focusing on its scarcity, institutional adoption, and role beyond a store of value. Analysts noted increased chatter about self-custody and the use of nodes as essential tools for securing the network.
Ethereum tied to token promotions
Ethereum was frequently mentioned in connection with flash token promotions, with projects highlighting ETH’s role in supporting easily transferable and spendable digital assets. Santiment observed that this underscores Ethereum’s continued influence in shaping how new products are marketed.
Dogecoin trends on ETF and mining expansion
Dogecoin gained traction on news that Rex-Osprey is preparing to launch what would be the first U.S.-listed Dogecoin exchange-traded fund (ETF). Additional buzz came from Trump-backed Thumzup, which announced the purchase of 3,500 rigs to expand its DOGE mining operations.
Tether explores Gold investment
Tether captured attention with its strategy to invest more heavily across the gold supply chain. Executives described the precious metal as “natural bitcoin,” a move highlighting Tether’s ambition to broaden its investment portfolio beyond purely digital assets.
Multiversx faces supply concerns
MultiversX (EGLD) discussions were driven by concerns over token supply increases and potential project migration to other chains such as Sui. Still, some users pointed to progress on MultiversX’s ecosystem services, including xPortal and xMoney.
Founded in 2016, Santiment tracks market, sentiment, and on-chain data across thousands of crypto assets. Its weekly reports provide insight into which projects are generating the most trader and investor attention.
