XRP News Today: Altcoin Rally Sees Sei Surge 21.4% as Bitcoin Dominance Hits 65%

During the recent altcoin rally, users demonstrated a keen interest in a variety of altcoins, with specific coins garnering the most attention. According to data from CoinGecko, the altcoins that investors showed the most interest in were Notcoin (NOT), Toncoin (TON), and Sei (SEI). Notcoin increased by 1.8% in the last 24 hours, while Toncoin increased by 0.6%. The most notable increase came from Sei with 21.4%.

The top 15 altcoins that users searched for the most during this period included a mix of established and emerging cryptocurrencies. These altcoins, along with their current market values, are as follows: Notcoin (NOT) – $186 million, Toncoin (TON) – $7.13 billion, Sei (SEI) – $1.56 billion, LAMBO (LAMBO) – $38.5 million, Mango Network (MGO) – $29.6 million, Ethereum (ETH) – $295 billion, Hyperliquid (HYPE) – $12.5 billion, Sui (SUI) – $9.45 billion, Bittensor (TAO) – $3.07 billion, Sonic (S) – $1.08 billion, Maple Finance (SYRUP) – $590 million, Aerodrome Finance (AERO) – $711 million, Ondo (ONDO) – $2.45 billion, Bitcoin (BTC) – $2.10 trillion, and Solana (SOL) – $76.9 billion.

The rally also highlighted the potential for altcoins to outperform Bitcoin in certain market conditions. However, the Altcoin Season Index, which tracks the performance of non-Bitcoin assets relative to Bitcoin, has been on a decline. This index plummeted to 12, its lowest level in nearly a year, reflecting a deepening lack of interest in non-Bitcoin cryptocurrencies. The trend has been intensified by geopolitical tensions and a risk-off environment, pushing investors towards more resilient assets like Bitcoin.

Bitcoin's dominance over the total crypto market has surged past 65%, the highest since early 2021. This shift is partly due to institutional players preferring Bitcoin as a hedge and a liquidity anchor, which continues to suppress the altcoin rebound. The outlook for a traditional altcoin season remains unclear, as past cycles have often seen altcoins gain momentum in the latter stages of a bull run. However, current market conditions suggest a different path, with capital rotation into altcoins remaining limited as long as volatility and macro risks linger.

Despite the current challenges, there is still potential for a new type of altseason centered on strong Layer-1 networks like Ethereum, Solana, and XRP. These platforms underpin vital infrastructure such as real-world asset tokenization, DePIN protocols, and stablecoin issuance, which are areas gaining traction among institutional investors. If Bitcoin stabilizes above $100,000 and macro risks ease, interest in these high-upside altcoins could return. Additionally, the launch of spot ETFs for these Layer-1 networks may serve as a future catalyst that could renew interest in the digital assets.

The rally also saw significant price movements in other altcoins. For instance, Dogecoin, currently priced at around $0.1556, added 4.5% over the past day, while the collective crypto market sank 2% to hit a market cap of $3.25 trillion. This indicates that while the overall market may be experiencing a downturn, certain altcoins are still attracting investor attention and capital.

In summary, the recent altcoin rally has been characterized by a surge in interest in specific altcoins, with Ethereum and XRP leading the way. However, the broader market conditions, including geopolitical tensions and a risk-off environment, have led to a decline in the Altcoin Season Index and a surge in Bitcoin's dominance. Despite these challenges, there is still potential for a new type of altseason centered on strong Layer-1 networks, which could attract institutional investors and renew interest in the digital assets.