SideShift.ai Weekly Report | 23rd - 29th June 2026

July 1, 20265 min read

Welcome to the two hundredth and tenth edition of the weekly stats report - your one-stop shop for all things SideShift.ai.

Highlights

Gross volume fell to $6.57m (−29%), though most top coins ended green outside of last week's dominant stablecoin pair.
Shift count held firmer at 6,650 (+3.8%), nudging upwards even as volume dropped.
BTC retook the top coin at $3.20m (+58.6%), with SOL (+166%) and TRX (+135%) finishing as the standout movers.
Affiliate share doubled to 26.7% of volume on $1.76m (+64.9%), with the top partner up +354.5%.

General Business News

This week saw BTC give up the $60k line, sliding to around $59k on June 24, its weakest mark since late 2024, as a record run of ETF outflows drained cash from crypto and pulled ETH down under $1,600. The pressure reached well beyond crypto, dragging gold below $4,000 and oil below $70 with it. Yet the loudest move of the week came from the more speculative end of the spectrum, where $ANSEM, a Solana memecoin riding influencer Ansem's name and a self-declared "stimmy" airdrop, tore past a $150m market cap while most of the market remained buried in red.

SideShift turned over $6.57m in gross volume this week, a -29% step down that brought the daily average to $939k. User shifting drove the bulk of that at $4.71m (-21.3%), with liquidity shifting falling further behind it to $1.87m (-43.1%). That steeper liquidity slide traced straight back to last week's dominant pair, the USDT(TRC20)/USDC(ERC-20) churn that ran $1.23m two ways and powered the move that didn't return this week, taking the majority of the rebalancing demand with it. BTC filled every seat at the top in its place — BTC/USDC(ERC-20) led at $404k, ahead of BTC/USDT(TRC20) at $373k, followed by ETH/BTC at $207k and USDT(ERC-20)/BTC at $173k — yet the new leading pair still ended at less than one third of the volume of the pair it replaced. Set those two stablecoins aside, though, and we will see that most of the top coin volumes actually rose, with almost all of the entire -29% decline tracking back to the rise and fall of last week’s top pair.

Shift count broke ranks with volume, climbing +3.8% to 6,650 for a daily average of 950 even as the volume total fell by close to a third. The whole of that split sat at the top end. Shifts above $10k brought in $3.98m as compared to last week's $6.89m, cutting their share of gross volume from 74.4% to 60.5%, while the $50k+ bracket fell back from 28 shifts worth $1.83m to 16 worth $1.11m. The small-shift base held the opposite line, with sub-$100 activity steady at 3,934 and its volume even nudging up to $115k. Lighter traffic up top against a count floor that didn't move is what pulled the average shift size from about $1,445 down to roughly $988.

BTC returned to the head of the table at $3.20m (+58.6%), reclaiming the lead it lost during last week's stablecoin spike. The pair behind that flurry gave it all back just as fast, USDT(TRC20) falling -77.6% to $1.39m and USDC(ERC-20) -75.9% to $1.27m, and the composition of each coins deposit/settlement split shows where the week's pressure sat. Both settled far more than they took in, as USDC(ERC-20) paid out $646k against $224k in user deposits, and USDT(TRC20) saw $642k settled against $317k deposited. BTC ended on the other leg of that same trade, with its $1.27m of deposits outpacing $846k settled as holders sold into the break below $60k. It mostly ran one direction: out of BTC and into stables, the deposit-heavy BTC split and the settlement-heavy stablecoin splits two readings of the same move. The one name to swim against it was USDT(ERC-20), more than doubling to $1.33m (+120.5%) on a +138.6% jump in deposits, with ETH closing out the top five at $966k (+30.9%).

Below the leaders, two names ran hot. SOL snapped back from last week's lull to $685k (+166%), its strongest showing in two months as Solana-side activity returned in force. TRX carried its own momentum a step further, adding +135% to $482k on top of last week's climb — a second straight week of solid Tron movement, and its biggest week since early spring. The quieter end held its shape, L-USDT sitting near flat at $832k, while L-BTC kept fading, down -35% to $141k for a third week running and now well under the $410k-plus it was posting into early June.

Last week's alt-network run proved short-lived, with the group halving to $3.90m (-50.7%) as Tron network activity came back down to earth, with its $6.40m sinking to $1.87m (-70.7%) and settling into a familiar range it has held over the past six months. With Tron back to its usual size, the Ethereum network returned to commanding the field at $5.10m (-24.9%), once again worth more than every alternate network put together. The Solana network turned hardest the other way, nearly doubling to $966k (+98.6%) to undo last week's low in a single step and reclaim second among the alternates. BSC climbed alongside it to $486k (+54.3%) and Base firmed to $132k (+26.5%), while the rest gave ground — Arbitrum to $117k (-54.8%), Polygon to $268k (-7.8%), and Avalanche to $26k (-53.2%).

Affiliate News

Affiliates were the clean inverse of last week with the 11.5% share that ranked among their weakest of the year more than doubling to 26.7%, and shooting back above the ~20% proportion they tend to collectively hold. The combined top partners pulled in $1.76m (+64.9%), and one name drove most of that move: first place surged to $694k (+354.5%), clawing back most of the ground it had shed since early June after dropping to $153k seven days earlier. Second place kept its own run going, doubling to $303k on the back of the prior jump for a second straight stretch of gains. Last week's leader, by contrast, held flat at $294k (+2.6%) and slipped to third — overtaken by the two above it without surrendering any volume of its own. For the front-runner, the leap came down to ticket size over traffic, its shift count barely moving even as it climbed back to the top.

That’s all for now - thanks for reading and happy shifting.