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CDS Crypto News Altcoin Prices Will Rise with Strong Network Activity

Crypto News

Altcoin Prices Will Rise with Strong Network Activity

sevval04/04/20251 Mins read55

Altcoin Prices Will Rise With Strong Network Activity

Altcoin Prices- The Battle for Dominance in the Crypto Market

Altcoin Prices– According to Real Vision’s chief crypto analyst Jamie Coutts, altcoins may experience one final rally this cycle. However, only those with genuine utility and strong network activity are expected to see significant price increases. In an April 3 X livestream with Real Vision co-founder Raoul Pal, Coutts explained that while there may be a short-term rally, it remains unclear whether this will be sustained for the next six to twelve months.

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Coutts emphasized that network activity will be the most important factor when determining how to trade altcoins. “At this stage, I’m not too sure, but I do believe that quality altcoins, where activity returns and drives prices, will see a recovery,” he stated. Traders should focus on where network activity is increasing, using it as a guide for their trading decisions.

Ethereum Continues to Lead, but Solana and Other Altcoins are Close Behind

While there are over 36 million altcoins in circulation, Ethereum remains the dominant player in terms of total value locked (TVL), with 55.56%. It is followed by Solana (6.89%), Bitcoin (5.77%), BNB Smart Chain (5.68%), and Tron (5.54%), according to CoinGecko data. As for the overall market, Coutts believes that altcoins may begin to pick up momentum again by June, especially as Bitcoin is expected to return to all-time highs by then.

Despite predictions of a potential altcoin rally, several indicators suggest that an altcoin season is not yet imminent. Capriole Investments’ Altcoin Speculation Index has dropped to 12%, signaling a decrease in altcoin market interest. Similarly, CoinMarketCap’s Altcoin Season Index shows a score of 14 out of 100, indicating a Bitcoin-dominated market.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

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sevval

Şevval has been actively writing since 2022 and is a third-year mathematics student at Ankara University. Her interest in writing is shaped particularly around innovative technologies such as Web3, artificial intelligence, and blockchain. She closely follows developments in these fields and aims to convey complex topics to readers in a clear and engaging manner. She enjoys combining her mathematical knowledge with technology to create content and strives to raise awareness about the digital world of the future.

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