Crypto investors shift focus from meme coins to Bitcoin and layer-1 networks

On-chain analytics platform Santiment reported on X that the crypto community is turning its attention toward Bitcoin and layer-1 assets like Ethereum, Solana, Toncoin and Cardano, while interest in meme coins such as Dogecoin, Shiba Inu and Pepe is declining. This trend signals a healthier market cycle, as traders move away from speculative hype toward assets with stronger utility and long-term growth potential.