According to live Bitcoin (BTC) and crypto market price data from CoinMarketCap, the past few weeks have been bullish for many cryptocurrencies. Some, like BTC, have soared to all-time highs, while others aim to create new records. Consequently, the crypto market capitalization has been on the high side, around $3.96 trillion, as it seeks to exceed $4 trillion soon.
Remarkably, based on occurrences over the past few years, the crypto bull run typically starts with a surge in BTC, followed by a price balancing as investors cash out profits from the apex coin to invest in altcoins, resulting in the “Altcoin Season.” Thus, the current uptrend raises concerns about whether the season is here already.
ETH Surpasses $3,800
Following a sharp upward trajectory, ETH, the largest altcoin, surged to reach its seven-month high above the $3,820 mark. Notably, investors turned their attention to the second-largest crypto. Within the past seven days, it has risen by about 25% boosting its high market capitalization above $450 billion.
Contributing to the upsurge in ETH price is the massive influx of funds into exchange-traded funds (ETFs). Concluding last week, the U.S.-approved ETFs created history as they achieved their best business day and most fruitful week since their launch in mid-2024, with over $2.1 billion in inflows.
SOL, DOGE, and BNB Make Waves
Moved by the uptrend, BNB, a leading altcoin which serves as the native token of the Binance Smart Chain and a centralized cryptocurrency exchange, has soared in value despite months of consolidation following its founder, Changpeng Zhao’s, resignation and subsequent imprisonment. Within the past seven days, it has seen a surge of more than 10% to surpass the $778 mark and is just approximately 2% away from creating a new high.
Solana (SOL), the utility token of the Solana blockchain, has made waves in the market with a jump past $192 for the first time since February 2025. This marks a 6% surge over the past 24 hours and a 14% increase over the past seven days. The U.S. recently welcomed a SOL staking ETF, which has recorded only one outflow day since launch, and the anticipated approval of a spot SOL ETF could push the price even higher.
Similarly, Dogecoin (DOGE), the world’s first memecoin, has recorded a 32% price increase within the past seven days and a market capitalization of $40 billion. It has broken its five-month high and trades around $0.27. Moreover, the U.S. financial agency has signaled that upcoming news could push its price to a new all-time high.
Meanwhile, a close look at the price charts of these altcoins indicates an upward trajectory, as the prices are hovering around a free zone, which could allow them to soar to new highs with increasing investor activity.
