Ethereum (ETH), the leading altcoin, has seen its market dominance surge above 11% in the last 24 hours, coinciding with Bitcoin's continued descent. This increased dominance indicates a substantial influx of liquidity and investor attention towards ETH.
ETH's price has been on a remarkable run, marking its fourth consecutive week in the green with a 16% upside in the last seven days. Despite this rally, ETH still has approximately 40% upside before retesting its all-time high (ATH) above $4,800. Some analysts believe that ETH surpassing its historic top could be the definitive signal for the start of the altcoin season.
Interestingly, ETH has been outperforming its main rival, Solana (SOL), in recent price gains, a stark contrast to 2024. This recovery is largely attributed to aggressive accumulation from institutional investors, with BlackRock leading the charge. BlackRock alone contributed $499 million to the $726 million liquidity injected into ETH on Wednesday, marking the highest single-day ETH ETF inflows observed historically. This robust institutional appeal, combined with strong network fundamentals and adoption, underpins ETH's latest price surge.
The ongoing legal battle between Ripple and the SEC has long constrained XRP's potential. However, the altcoin has achieved significant recovery over the past 12 months, thanks to some partial wins for Ripple. Speculation about the imminent end of the case has been on the rise this week, which has coincided with a massive price spike for XRP. The resolution of this legal battle is anticipated to be one of the biggest catalysts for the cryptocurrency, potentially ushering in an aggressive campaign by Ripple to further embed itself into the financial industry.
XRP's price has rallied by over 28% in the last seven days, fueled by strong community sentiment and a significant spike in dominance, mirroring ETH's performance. Trading at $3.25 at press time, XRP has shown impressive recovery from its June low of below $2. It's currently less than 5% away from clocking a new ATH. Despite its recent performance and "overbought" conditions, XRP still holds massive upside potential due to the aforementioned catalysts.
Hedera (HBAR) is strategically leveraging two of the most prominent narratives in 2025: Artificial Intelligence (AI) and Real-World Assets (RWAs). The blockchain recently announced the development of custom n8n plugins, signaling its push towards enabling the creation of decentralized applications (dApps) using AI. This approach aims to streamline development challenges on Hedera and encourage more building within its ecosystem.
In the RWAs segment, Isle Finance, an on-chain RWAs credit marketplace, recently launched on the Hedera blockchain. This launch occurred in the same week that Australia introduced its AUDD Australian digital dollar on the Hedera network. These developments underscore a rising rate of major adoption for the altcoin. Consequently, Hedera’s native coin, HBAR, has also experienced a noteworthy surge in dominance over the last three weeks, leading to impressive price performance.
HBAR was trading at $0.24 at press time, having rallied by 88% from its lowest price point in June, indicating it is currently in an overbought condition. However, the altcoin still trades at a significant discount from its ATH, suggesting further rally potential. The latest developments concerning the network paint a clear picture of healthy adoption that could significantly boost its future performance.
JUly 2025, Cryptoniteuae