Altcoin Season Takes Off as Solana and Ethereum Lead Charge of Triple-Digit Gains
-
The Altcoin Season Index recently surpassed 75, signaling the start of an altcoin season where altcoins outperform Bitcoin.
-
Solana (SOL) has shown notable gains, with its price increasing 6.7% over the past week to currently trade at $95.5.
-
A bullish pattern has formed on SOL's 4-hour chart, suggesting a potential breakout towards $150 if resistance at $106 is surpassed.
-
Other top cryptos to watch include Ordi (ORDI), Sei (SEI), and Injective (INJ), which have seen triple-digit or high double-digit gains.
-
Ethereum (ETH) has also grown its market dominance to 18%, further indicating strong interest in altcoins versus Bitcoin.