Recent surge of altcoins
The protagonist of this market round is XRP, which not only broke through the ceiling but also drove up the surge of other coins. For example, the market cap of XLM once soared to 26.5 billion USD. Even concept coins related to ETFs or politics, such as ADA, HBAR, ALGO, etc., have also seen significant increases, with market caps exceeding several billion or even over a hundred billion USD.
In particular, DOGE saw its market cap exceed 60 billion USD, directly driving up the rise of other 'meme coins' like SHIB, whose market cap reached 17.6 billion USD, and other coins like BONK, WIF, FLOKI also surpassed 3 billion USD.
It is foreseeable that as more ceilings in various tracks are broken, more related altcoins will experience an explosion in the future. Some old altcoins that have been inactive for a long time, such as EOS, FIL, THETA, LTC, have already rebounded by as much as 4 times recently. Once these larger market cap projects are activated, they have tremendous explosive potential, especially those smaller projects with market caps in the hundreds of millions USD, which may see even stronger rises in the future.
