Solid performance in BNB and Ethereum have aroused renewed interest in other great altcoins. When Bitcoin slows down and the capital runs, tokens like Solana, XRP, Avalanche, Cardano, Stellar, SUP and even more recent memes offers have experienced increased purchasing activity.
XRP recently increased by more than 60% in July, driven by speculation around ETF approvals and a wider regulatory clarity. Some analysts are considering a potential race around $ 5 or even $ 10 if ETF support is materialized.
Solana and Avalanche also won after Optimism ETF of Ethereum has spread. Solana, in particular, has more than $ 300 million, while Avalanche benefits from the tokenization and the defined interest.
Ethereum himself is now almost back to his peaks in 2021 around $ 3,885, while the domination of Bitcoin fell to around 60%, indicating a thicker flow in altcoins.
