Bitcoin Reaches New ATH, Takes the Total Crypto Market Cap to $3.5 Trillion

Altcoins are gaining momentum as traders seek to move funds out of Bitcoin amid expectations of an altseason. Blue-chip cryptos like ETH, SOL, XRP, LINK

Bitcoin’s journey to new all-time highs has propelled the total crypto market cap to $3.5 trillion, a 4.5% increase for the day, while daily trading volume has soared to $197.45 billion, marking a sharp 53.67% rise. BTC dominance currently sits at 62.9%, and is expected to fade based on past experiences, and many believe the tide to altseason is about to return.

Among the top contenders poised for strong performance are Ethereum, Solana, XRP, Chainlink, and SUI.

Top 5 Altcoins to Buy

Ethereum (ETH)

Ethereum has shown a notable 5.15% gain in the last 24 hours, taking its price to $2662.56. This run is fueled by a sharp increase in volume to $37.92 billion, a jump of nearly 65%.

ETH’s recent rally represents a 50% increase from its pre-Pectra upgrade days, and many analysts expect this upward trend to continue. The price appears poised to break through the $3000 level in the coming weeks.

Check out our Ethereum (ETH) Price Prediction 2025, 2026-2030!

Solana (SOL)

Solana is once again grabbing the spotlight with a 6.38% price surge since yesterday, taking its price to $178.72. Trading activity has intensified, with daily volume rising by more than 72% to $6.24 billion.

Solana’s 2021 bull run performance, where it delivered a 100x return, continues to resonate with investors. With strong community support, an expanding DeFi ecosystem, and high-speed capabilities, SOL could soon reclaim the $200 mark. Technical indicators suggest that price targets of $220 and even $250 are within reach.

XRP:

XRP price has seen a 4.20% rise in the past 24 hours, changing hands at $2.43 after ranging between $2.34 and $2.45. Volume has also jumped to $4.29 billion, up over 43%.

The renewed bullishness around XRP is supported by a surge in open interest, which now sits at $4.69 billion, and the fact that XRP futures are outperforming Ethereum ETFs. On a technical level, the XRP/BTC chart shows bullish RSI divergence, suggesting a potential reversal is near. In a bullish case, XRP could defy odds to hit $3 soon, as seen on the XRP/TetherUS chart.

Chainlink (LINK)

Chainlink, aka LINK price, is up 6.66% to $16.64 over the past day. Its price was assisted by a volume increase of nearly 63% to $784.63 million.

LINK is expected to do good, thanks to its critical role as a decentralized oracle provider, integral for the functionality of DeFi, insurance protocols, gaming platforms, and real-world asset tokenization. Additionally, Chainlink staking has added a compelling incentive for long-term holders, with competitive yields attracting both retail and institutional interest. If LINK can break through resistance at $17.40, a move toward $19.80 is the next technical target.

SUI

SUI is rising as a standout in the Layer-1 category, posting a strong 8.98% gain over the past 24 hours to reach $4.18. It has traded in the range of $3.84 to $4.19, with volume spiking by nearly 74% to $2.14 billion.

Backed by increasing development activity and rising social volume, SUI appears well-positioned for a breakout. Analysts are optimistic about its potential to reclaim its previous high of $5.37 and even eye $11.

Also read our SUI Price Prediction 2025, 2026-2030!

FAQs

Yes, with Bitcoin hitting new highs and its market dominance expected to decline, altcoins are likely to outperform in the short to mid-term.

Now that Bitcoin has created a new ATH with a price surge of over 10%, we can expect an altseason once BTC dominance falls below 60%.

Considering the current trends, one can opt for blue-chip cryptos such as Ethereum, Solana, XRP, Chainlink, and SUI.