[LIVE] Crypto News Today, September 3 – Solana Breaks $209, Outperforming BTC and ETH: Best Altcoin to Buy?

The crypto market closed August with its most active month since January, as spot trading volumes climbed across major exchanges. Data from The Block shows that monthly spot volume reached $1.86 trillion in August, a 5% rise from July’s $1.77 trillion. Binance maintained its lead with $737.1 billion in spot trades, its highest since January, followed by Bybit with $126.5 billion and Bitget with $126.1 billion.

(Source: Exchange Volume)

This renewed activity comes alongside shifting investor preferences around the best altcoin to buy. U.S. spot Ethereum ETFs attracted $3.87 billion in August inflows, while Bitcoin ETFs saw $751.1 million in outflows during the same month.

However, this trend reversed on Tuesday as spot Bitcoin ETFs recorded $332.7 million in net inflows, led by Fidelity’s FBTC and BlackRock’s IBIT, while Ethereum ETFs saw $135 million in outflows. Analysts say this may signal a short-term rebalancing toward Bitcoin’s perceived stability, even as Ethereum retains stronger yield potential over the long term.

Meanwhile, decentralized exchanges also saw their busiest month since January, with volumes hitting $368.8 billion. Uniswap led at $143 billion, followed by PancakeSwap at $58.7 billion.

DISCOVER: Top Solana Meme Coins to Buy in 2025

Best Altcoin to Buy Now: Eyes on Solana as SOL Price Holds Above $209

Whilebtc logoBTC ▲2.45% and eth logoETH ▲1.25% have shown mixed signals this week, trading at $110,943 and $4,316 respectively, sol logoSOL ▲5.55% continues to strengthen.

Since early August, SOL has made a series of higher highs, consolidating above $185 and now trading around $209. Buyers appear to be targeting the next resistance at $227.

Trading data suggests sustained demand, with buying pressure overcoming multiple attempts by sellers to stall the uptrend. This strength may reflect a rotation of capital from Ethereum to Solana, also visible on the SOL/ETH pair, where Solana has outperformed since late August.

Solana ethereum chart(Source: SOL/ETH)

For traders watching the market today, Solana’s momentum places it among the best altcoins to consider, especially if the broader trend of capital rotation continues into September.

Stay tuned to our real-time updates below.

2 hours ago

Treasury BV Raises €126M to Acquire 1,000+ Bitcoin, Plans Reverse Listing on Euronext Amsterdam

Fatima

By Fatima

Treasury BV announced it has raised €126 million ($147 million) in a private funding round led by Winklevoss Capital and Nakamoto Holdings, enabling the company to acquire more than 1,000 bitcoin (BTC $111,568.77). The move supports its goal to become Europe’s largest publicly traded bitcoin treasury company.

As part of its public listing strategy, Treasury BV, led by CEO Khing Oei, signed a binding agreement with MKB Nedsense NV (MKBN) to execute a reverse listing on Euronext Amsterdam. The company aims to position bitcoin at the core of Europe’s financial ecosystem, a strategy Oei describes as the “equitization of bitcoin,” designed to broaden access and ownership across traditional markets.

The transaction will see MKB Nedsense transfer all assets and liabilities to its largest shareholder, Value8 NV, before issuing new shares to Treasury’s investors. The issuance price, alongside a €0.0435 dividend per share, represents a 72% premium over MKBN’s July 11 closing price and a 90% premium over the three-month average.

Following the announcement, MKBN shares jumped over 30%, trading at €0.15. Once the deal is finalized, Treasury BV is expected to trade under the ticker TRSR.

4 hours ago

Is HBAR Price Set to Break $0.30? HBAR News and Whale Buying Set Stage For Bullish September

Fatima

By Fatima

Recent news about HBAR whales scooping up over 50M tokens worth $11.3M in just one week. Is this accumulation bullish or just catching falling knives? Let’s find out.

From Australia’s CBDC project to White House mentions, Hedera’s credibility keeps rising. Recent launches like IDTrust and tokenization partnerships fuel real-world adoption and steady ecosystem growth.

Is Hedera chart shows a bearish setup or just bearish deviation that is going to trap retail to sell in the hands of whales. And are we going to see $0.3 mark soon?

Read The Full Article Here

The post [LIVE] Crypto News Today, September 3 – Solana Breaks $209, Outperforming BTC and ETH: Best Altcoin to Buy? appeared first on 99Bitcoins.



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