Altcoin Social Activity Spikes as Bitcoin Steadies at $98K—SOL and XRP Lead

Bitcoin stabilizes at $98K, boosting interest in altcoins like Solana (SOL) and XRP. Solana leads social metrics with 8.65% dominance; XRP and DOGE follow in December 2024. Altseason momentum builds as altcoins surpass $100B market caps and gain investor attention. Bitcoin (BTC) surged past the $100,000 milestone before settling at $98,000 in the past 24 hours. As Bitcoin steadies, altcoins have gained traction, with Solana (SOL) and XRP topping the social activity charts. Other notable blockchain projects, including Dogecoin (DOGE), Cardano (ADA), and Avalanche (AVAX), also rank high in engagement, reflecting growing interest among investors. Solana shows a social dominance of 8.65%, followed by XRP at 4.45% and DOGE at 3.35%. Total interactions for these projects across social media platforms stand at 79.7 million, 47.6 million, and 26.8 million, respectively. Analysts predict these numbers could climb further as the altseason gains momentum. Social Performance Breakdown Cardano (ADA) and Avalanche (AVAX) also gained traction, with social dominance figures of 1.30% and 1.10%. Total interactions for ADA reached 10.3 million, and AVAX recorded 3.80 m… The post Altcoin Social Activity Spikes as Bitcoin Steadies at $98K—SOL and XRP Lead appeared first on Coin Edition .

Source: Coin Edition