Several factors explain Ethereum’s strength:
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Anticipation of ETH 2.0 upgrades continues to drive optimism, particularly around scalability and transaction efficiency.
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Institutional interest remains strong, with ETH still seen as the backbone of DeFi, NFTs, and Web3 applications.
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Altcoin season narrative often begins with Ethereum outperforming Bitcoin, signaling broader market momentum.
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At $4,589, Ethereum is inching closer to a potential breakout zone. If volume continues to climb and Bitcoin maintains stability, ETH could challenge resistance levels above $4,700 in the coming days.
Solana: Fast-Rising Star of 2025
While Ethereum dominates headlines, Solana has quietly built a reputation as the fastest-growing blockchain ecosystem. In the last 24 hours, SOL rallied 4.7%, bringing its weekly gain close to 10%.
Why is Solana surging?
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Adoption in DeFi and NFTs: Solana continues to attract projects thanks to its speed and low fees.
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Rising developer activity: With more apps being launched, Solana’s ecosystem is showing long-term viability.
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Investor rotation into high-growth altcoins: During crypto market rebounds, traders often seek assets with explosive potential. Solana fits the bill.
At $196, SOL is nearing the psychological threshold of $200. A breakout above this level could ignite a new wave of interest, especially from momentum traders chasing high-performing assets.
XRP, Dogecoin, and Cardano: The Retail Favorites
Beyond Ethereum and Solana, several altcoins beloved by the retail crowd also participated in the rebound.
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XRP finally broke past the $3 mark, posting a daily gain of more than 5%. This could be a turning point after months of stagnation.
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Dogecoin (DOGE) rallied 4.6%, fueled by increased retail activity and social media buzz. Meme coins often see heightened volatility during crypto market rebounds.
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Cardano (ADA) rose 3.5%, although its weekly gains remain modest. Still, ADA’s community-driven strength ensures it stays relevant during every market cycle.
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