[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 ▲0.57% and ETH ▼-1.73% have shown mixed signals this week, trading at $110,943 and $4,316 respectively, SOL ▲2.47% 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.

$SOL

Just flip the damn S/R and send Solana running. https://t.co/oSQmTB2otk pic.twitter.com/WZRdtQLiYE

— VikingXBT (@VikingXBT) September 3, 2025

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.

(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.

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

Source link