Altcoin Dominance Is Rising Fast: Is Something Big About to Happen in the Market?
1 min read
Alphractal identifies altcoin dominance growth draining Bitcoin’s market share. XRP surges 37.59% in a week while Cardano (ADA) also climbs, posting a 27.78% price gain. Altcoin dominance, excluding stablecoins, approaches the 25% historical threshold. Investment analysis platform Alphractal has identified a growing altcoin dominance that has gradually reduced Bitcoin’s market control over the past month. The shift indicates a return of optimism for altcoins as investors diversify beyond the primary digital asset. Current market data validates the dominance trend with several major altcoins posting strong 24-hour performance. XRP leads the top 10 cryptocurrencies with 12.37% daily gains, trading at $3.52 while achieving 37.59% weekly appreciation. Cardano follows with 14.31% daily gains at $0.8781, delivering 27.78% weekly returns that place it second among major altcoins. Dogecoin secured a 15.66% daily appreciation, reaching $0.2436, with 24.63% weekly gains that validate the meme coin’s strength during the altcoin rotation. Ethereum continues to post gains, with a 6.50% daily appreciation at $3,646.67, and a 22.12% weekly appreciation, supporting the… The post Altcoin Dominance Is Rising Fast: Is Something Big About to Happen in the Market? appeared first on Coin Edition .
Source: Coin Edition
