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Cryptocurrency News Articles

Altcoins gain ground as momentum builds

May 15, 2025 at 02:00 am

Over half of tracked altcoins – 31 out of 57 – have outperformed Bitcoin over the past 60 days, showing a clear shift in market momentum.

Altcoins gain ground as momentum builds

The cryptocurrency market continues to display strength, with altcoins showing particular gains and suggesting a shift in momentum.

According to data from Alphractal, over half of the tracked altcoins – 31 out of 57 – have outperformed Bitcoin over the past 60 days.

Memecoin Pepe [PEPE] leads the pack with a staggering 117% return. EOS [EOS] follows closely with a 94% gain, THORChain [RUNE] with 83%, and Sui [SUI] with 71%.

Even Ethereum [ETH], often seen as a proxy for altcoin health, is up 40%, outpacing Bitcoin’s 24%.

This trend shows growing investor appetite for higher-beta assets, especially as BTC dominance begins to falter.

The market appears to be rotating aggressively into alts with fresh narratives, volume surges, and breakout potential.

Tracy Jin, COO of MEXC, noted the early signals of this rotation.

“Usually, we see early signals like declining USDT dominance, improving price structure on altcoin charts, and rising interest in sector leaders (Monero, Sui, Bittensor…)”

She added, “It’s still technically ‘Bitcoin season,’ but the groundwork for altcoin rotation is clearly forming.”

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