Altcoins have surged, led by Kadena (KDA) (+33.27%), Saga (SAGA) (+21.57%), and SEI (+21.20%). Market optimism around a potential Federal Reserve interest rate cut has driven these gains, as traders anticipate easier monetary policy. Kadena’s rise was further fueled by Binance’s launch of a USD-margined perpetual contract, boosting trading volume. Although no rate cut has occurred yet, speculation is pushing altcoins higher, but volatility remains high, requiring careful market strategies.

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