Ripple, Cardano lead altcoin surge as market cap nearly doubles to $1.55 trillion

Share This Post

Bitcoin has captured much of the attention during the current bull market, especially after Donald Trump’s victory in the November elections. However, data reveals that altcoins have also performed remarkably during this period and even outperformed the flagship digital asset.

Data from Tradingview shows a significant surge in the broader crypto market cap, excluding Bitcoin. Over the past month, the total market cap of altcoins nearly doubled, growing from $872.8 billion to $1.55 trillion—a 75% increase.

Meanwhile, when the time frame is extended to the beginning of this year, the tokens have experienced a collective 100% growth from their market cap of around $734 billion to their current levels.

Crypto Total Market Cap Excluding Bitcoin
Crypto Total Market Cap Excluding Bitcoin (Source: TadingView)

This is unsurprising, considering large-cap altcoins like Ripple’s XRP, Cardano, Solana, and Hedera posted triple-digit gains, driving their valuations to new heights.

Moreover, when excluding the top 10 cryptocurrencies and focusing on the remaining assets, the market cap for this segment has also surged. According to Tradingview data, it has grown from $190 billion to $416 billion, reflecting a 110% increase.

Crypto Total Market Cap Excluding Top 10 Assets
Crypto Total Market Cap Excluding Top 10 Assets (Source: TradingView)

This altcoin rally, however, has come at the expense of Bitcoin’s market dominance. This has dropped by 9% from a mid-November peak of 61% to its current 55%.

Bitcoin Market Dominance
Bitcoin Market Dominance (Source: Tradingview)

The post Ripple, Cardano lead altcoin surge as market cap nearly doubles to $1.55 trillion appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Peter Schiff: Bitcoin Could Crash Below $65K if Nasdaq Enters a Bear Market

Bitcoin faces a steep decline if the Nasdaq downturn deepens, warns Peter Schiff, predicting a wave of panic selling that could shake investor confidence and destabilize markets Peter Schiff Predicts

SEC vs Ripple: How Lawsuit Over XRP Could Wrap up in Days

A legal expert has outlined how the SEC’s lawsuit against Ripple over XRP could end within days, but a major hurdle—navigating the court’s injunction—may complicate the

Is The Bitcoin Cycle Peak In? Historical Halving Data Suggests Upside Potential Into Late 2025

Bitcoin is now down over 29% from its all-time high (ATH) in January, and speculation about a coming bear market is growing among investors After weeks of heavy selling pressure, Bitcoin has entered

France central bank governor says Trump is “sowing the seeds of future upheavals” by supporting crypto

Francois Villeroy de Galhau, the governor of Banque de France and the European Central Bank Governing Council’s member, believes US president Donald Trump is making a huge mistake by supporting

640,000 Chainlink (LINK) Withdrawn From Exchanges In 24 Hours – Bullish Accumulation?

Chainlink (LINK) is currently trading below crucial resistance levels, which could trigger a strong rally if bulls manage to reclaim them However, volatility and uncertainty have dominated the market

To Sell or Not to Sell: Redditors Debate Bitcoin’s Million-Dollar Moment

A Reddit thread exploring whether bitcoin holders would sell at $1 million reveals a divided yet pragmatic community weighing financial goals, inflation risks, and long-term faith in the leading