Against the backdrop of adjustments in the broad market and the meme sector, capital flows are gradually shifting towards Ethereum ecosystem tokens and some lesser-known altcoins. Established altcoins like XRP, ADA, XLM, and EOS have shown particularly prominent gains, with XRP re-entering the top three by market capitalization, reaching $250 billion.
These tokens have undergone a long period of bottom consolidation, lacking significant hot concepts, with retail investors holding relatively few, and the degree of control by major funds being quite high, thus creating less resistance during price surges.
However, this also raises speculation about whether this means the altcoin bull market is nearing its end, as Bitcoin, major cryptocurrencies, memes, Ethereum, and some lesser-known established coins have already experienced different rotations, and now these lesser-known established coins are also starting to rise significantly, possibly indicating that this round of rotation is coming to a close.
