Stablecoins continue to hold a significant share of the cryptocurrency market, with their dominance remaining above weekly support. This indicates that investors are still being cautious and defensive in their market positioning.
The stablecoin dominance metric has been trending upwards since late 2025, with higher lows forming a clear pattern. However, despite recent gains, the metric remains below the 12% region, which could be a sign of a pullback within an uptrend rather than a confirmed reversal.
Analysts note that the recent drop in stablecoin dominance is not yet a decisive break, and without it, the market setup suggests a defensive environment. This limited upside momentum for crypto assets means that neither bulls nor bears have secured full control of the market.