Ethereum network activity hits a record high, but prices have not kept pace, with daily active addresses approaching 2 million. Capital flow has become the main driving force, with inflows to trading platforms surpassing Bitcoin. Although ETH accounts for 52% of stablecoin supply, the market remains focused on capital movement. It is expected that by 2026, ETH prices could rebound to $3,000.

As the Iran situation escalates and oil prices rise, global stock markets come under pressure, but Bitcoin defies the trend with an approximately 4% increase, reaching $70,000. Large institutions continue to buy through OTC trading, with over $700 million in funds flowing into Bitcoin-related ETFs, supporting market sentiment. Major holders slightly increase their holdings, indicating institutional and corporate optimism about Bitcoin, becoming an important force in its price stability.

Despite XRP price pressure, investors remain interested in XRP ETFs, with approximately $19 million flowing in over the past week and total assets nearing $1.1 billion. However, XRP trading prices are still more than 60% below their all-time highs, and market sentiment remains cautious. Analysts point out that the influence of XRP ETFs is far less than that of Bitcoin ETFs. Overall, XRP's future performance is closely tied to market sentiment and Ripple's technological applications.

ChainCatcher News, Bridgewater Associates founder Ray Dalio stated on Tuesday's All-In Podcast that Bitcoin is not suitable as a long-term store of value or hedge asset, citing reasons such as lack of central bank support, as well as uncertainties surrounding its privacy protections and quantum resistance. He said Bitcoin cannot become "digital gold," emphasizing that "there is only one gold in the world." Gold is not a speculative precious metal, but "the most mature form of currency," and it is the second-largest reserve asset held by central banks worldwide. He also expressed difficulty understanding why central banks would buy and hold Bitcoin long-term.

On March 3rd, the AI proxy token FAI surged approximately 130% in a short period, surpassing AIXBT in market capitalization and attracting market attention. FAI's rapid increase was accompanied by a surge in trading volume, indicating concentrated capital inflow and suggesting an accelerated rotation of funds into AI industry assets. Analysis indicates that AI token prices are significantly influenced by technological narratives and market sentiment, but high volatility also entails risks. Future market development remains to be seen.

XRP sentiment ratio reaches a five-week high of 2.35, indicating market optimism. Actions by institutions such as SBI Holdings and Aviva Investors, as well as net capital inflows into XRP-related ETFs, support this trend. However, XRP price remains under pressure, currently around $1.45, facing downside risk amid overall market bearishness.