Just In: $116B Added to Crypto Market Cap – ETH Breaks $4,600 as Altcoins Surge
Crypto News Today: $116B Market Cap Surge in a Day
The global cryptocurrency market cap surged by more than $116 billion in the past 24 hours, marking one of the strongest single-day expansions in months. Investor sentiment is heating up across the board, fueled by Ethereum’s breakout above $4,600 and a wave of gains among top altcoins.
Weekly Performance: Altcoins Outpace Bitcoin
Excluding stablecoins, the top performers over the last seven days show a clear trend: altcoins are stealing the spotlight.
- Ethereum ($ ETH ) is up 26.97% this week, crossing the $4,600 mark and holding strong momentum.
- Solana ($ SOL ) gained 20.28%, reclaiming the $190 zone with fresh bullish momentum.
- Dogecoin ($ DOGE ) climbed 19.94%, fueled by renewed meme coin enthusiasm.
- Cardano ($ ADA ) jumped 17.66%, moving closer to the $0.90 level.
- $ BNB advanced 11.11%, continuing its steady uptrend.
- $ XRP rose 9.43%, while TRON (TRX) gained 6.91% over the week.
- Chainlink ($ LINK ) outperformed most with a 42.06% surge, breaking above $23 on strong DeFi demand.
In comparison, Bitcoin ($ BTC ) posted a 4.52% weekly gain, showing that capital is rotating toward high-potential altcoins.
ETH Breakout Sets the Stage for Altcoins
Ethereum’s push beyond $4,600 marks a critical psychological and technical level. With strong institutional interest and a bullish market structure, ETH’s breakout could act as the trigger for a broader altseason.
Historically, Ethereum-led rallies often see capital flow into other large-cap and mid-cap altcoins, amplifying gains across the sector. The latest moves from SOL, DOGE, ADA, and LINK suggest that rotation may already be underway.
Crypto Prediction: Momentum Builds Across the Market
With over $116B added to the market in a single day, the current rally shows both depth and breadth. If Ethereum maintains its breakout and Bitcoin continues its steady climb, altcoins could see further double-digit growth in the days ahead.
Traders are now watching for follow-through buying, particularly in assets that have just broken key resistance zones, as the market eyes another potential leg higher.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized Management in Industrial Organizations: Strategic Efficiency and Innovation in Decision-Making
- Decentralized management boosts industrial efficiency by empowering mid-level teams with real-time decision-making, as seen in Acme Industries' 25% downtime reduction and e&'s 15% market responsiveness gain. - Tech integration like Tesla's AI factories (40% downtime cut) and blockchain in logistics highlights decentralized teams' ability to leverage data-driven tools for operational agility. - Innovation thrives through decentralized models like Spotify's squads and 3M's UXRP programs, driving 20-25% EBI

Solana News Today: Solana's Speed Gambit: Can It Outrace Ethereum's Legacy?
- Solana’s Alpenglow upgrade aims to reduce block finality to 150ms by replacing Proof-of-History and TowerBFT with Votor and Rotor systems, entering voting phase on August 27, 2025. - The upgrade has driven SOL’s 5.9% surge post-announcement, outperforming Bitcoin and Ethereum, fueled by institutional adoption like Franklin Templeton and BlackRock tokenizing funds on Solana. - Solana’s ecosystem grew 83% YoY, with 9.3B DeFi TVL and 2,707 joules/transaction energy efficiency, surpassing Ethereum’s 707,000,

Senator Pushes Blockchain Budget to Force Political Accountability
- Philippine Senator Bam Aquino proposes blockchain-based national budget to boost transparency and accountability. - Initiative builds on existing DBM blockchain platform using Polygon, supported by local firm BayaniChain. - Mirrors global trends like U.S. blockchain economic data plans, aiming to set new governance standards. - Faces challenges in implementation, scalability, and political support despite potential to enhance public trust.

Treasury Cracks Down on Global Web of Sanctions Evasion for North Korea’s IT-Spy Schemes
- U.S. Treasury sanctions Russian national Vitaliy Andreyev and Chinese firm Shenyang Geumpungri for aiding North Korea’s crypto-linked IT worker schemes. - Andreyev allegedly converted $600K+ in cryptocurrency to USD for Pyongyang’s nuclear program via false identities and fraudulent documentation. - Sanctioned entities facilitated data theft, ransom demands, and crypto laundering to evade global sanctions and fund weapons development. - Measures include transaction bans with U.S. entities and monitoring

Trending news
MoreCrypto prices
More








