Big players continue to dominate the market landscape. Throughout this year, top-10 dominance has remained elevated, which tells us that most of the capital is still stuck in $BTC and leading layer-1 networks. But here's what's interesting: top-50 and top-100 dominance indicators are climbing as well. This signals capital consolidation happening across mid-tier assets rather than rotation flowing into smaller caps. It's less about diversification, more about money staying within the major players while slightly spreading across the established tier.