Market analytics firm CryptoQuant has highlighted three altcoins—Enjin (ENJ), AMP, and Smooth Love Potion (SLP)—as tokens to watch in early 2026, based on recent capital flow data from leading exchange Binance. The analysis comes as the broader crypto market, led by Bitcoin's brief surge above $93,000, shows signs of recovery from a prolonged downtrend.
The key signal is a pattern of significant negative net flows for ENJ, AMP, and SLP on Binance this week. This means more of these tokens are being withdrawn from the exchange than are being deposited. According to CryptoQuant analyst Burak Kesmeci, "ENJ, AMP, and SLP are leading the chart this week with the highest negative net flows. That means coins are leaving Binance, not entering."
Historically, sustained outflows from a dominant platform like Binance can indicate reduced immediate selling pressure. When holders move assets off exchanges to private wallets or other platforms, it often suggests a shift toward longer-term holding strategies, staking, or DeFi participation. In low-liquidity environments, this reduction in readily available supply can sometimes precede short-term upward price movements.
CryptoQuant emphasizes that Binance's capital flows, given its dominance in spot trading volume, are a reflection of actual market positioning rather than mere speculation. The firm notes that while this flow data is a notable bullish signal for these specific altcoins in the short term, it should be considered alongside other factors like price trends, market sentiment, and ecosystem developments.
The analysis also provides context for each token's utility: ENJ is central to blockchain gaming and NFTs; AMP is designed as collateral for instant payment settlements; and SLP is a staple of the play-to-earn gaming economy. Changes in their exchange flows can offer insights into holder sentiment within these specific sectors.
