The analytical company suggested that Bitcoin may go to another bull market, because the noise around meme coins begins to fade, and the cryptographic community regains the interest in the flagship crypto and other Top Layer-1 protocols.

Santiment admitted that the change of the cryptographic community on Bitcoin It may indicate market maturity, causing renovated optimism in a wider digital asset market.

Changing attention to bitcoins

The Santiment data giant has observed that the cryptocurrency sector has once again noticed bitcoins over the past few weeks, when the coins of coins have fallen.

“The cryptographic community has largely changed its attention to Bitcoin assets and other layers, such as Ethereum, Solana, Toncoin and Cardano,” said Santiment on the post.

Analytical companies have noticed that social discussions on bitcoins and other layers 1 protocols are growing, ahead of discussions about meme coinswhich have been a conversation about cryptocurrency space for some time.

😀 The cryptographic community has largely changed its attention to Bitcoin assets and other layers, such as Ethereum, Solana, Toncoin and Cardano. In total, the highest layer 1 assets receive 44.2% of discussions between specific coins. Meanwhile, the best coins such as Dogecoin, Shiba … pic.twitter.com/ppbjd9vsi4

– Santiment (@santimentfeed) February 10 2025

“In total, the highest layers of layer 1 receive 44% of discussions between specific coins. Meanwhile, the most important coins, such as Dogecoin, Shiba Inu and Pepe, are discussed less and less in social media, “said Santiment.

The data giant assigned this change in “recent variability and speculative domination of Altcoin prices.”

More stable, balanced market

Santiment explained that a change in the attention of investors from the meme coin to bitcoins and Layer 1 It only indicates “more stable and balanced market environment.”

“Meme coins tend to attract speculative enthusiasm, often powered by noise, viral trends and a way of gambling than basic value. When these assets dominate in discussions, it usually signals a phase of excess greed in which traders chase fast, short -term profits without considering long -term profitability, “said the analytical company.

Tasks called Bitcoin and other protocols of layer 1 “fundamental infrastructure of cryptographic space”, believing that the increased attention of the cryptographic community on these resources often reflects “a more mature and conscious approach” of the cryptographic community.

The data giant added that it also means that the community wants to prioritize “security, innovation and adoption in the real world.”

“Blockchains layers 1 support intelligent contracts, decentralized applications and scalability of networks-clavic factors of long-term growth in the industry,” said the analytical company.

Healthier market cycle

Analytical companies suggested that investors have regained attention to Bitcoin and away from Meme Coin, proves that the cryptographic community is more likely to be sustainable development.

“When traders turn to assets with strong utility and established market positions, he suggests a healthier market cycle. This change encourages a more sustainable ecosystem, reducing the risk of unbalanced price increases and failures driven exclusively by a speculative mania, “said Santiment.

At the time of writing this text, bitcoin is traded on USD 97,825 for a coin, an enhance of 0.2% in the last 24 hours. Its total market capitalization is almost $ 2 trillion.

A distinguished picture from Avira, Tradingview chart