Altcoins Steal the Spotlight as Crypto Market Surges to New Heights in August 2025
Crypto just flipped the script—again. While Bitcoin grabs headlines, altcoins are driving this rally. Here's why the underdogs are barking loudest.
The Altcoin Takeover
Ethereum, Solana, and a handful of DeFi tokens aren’t just participating—they’re leading the charge. Trading volumes for non-Bitcoin assets spiked 40% this week alone. Even the SEC’s usual frown couldn’t dampen the momentum.
Institutional Whispers
Hedge funds that once mocked ‘shitcoins’ are now quietly accumulating positions. One Goldman Sachs alum quipped, ‘We’ll short them eventually—but first, we ride the pump.’ Classic Wall Street.
What’s Next?
The market’s heating up—but remember what happens to overbought altcoins when Bitcoin sneezes. Enjoy the rally, but keep an exit strategy sharper than a crypto Twitter troll.
Over the past 24 hours, the crypto landscape has witnessed a huge growth, with altcoins dominating the market. In this respect, the total crypto market capitalization has touched $3.97T after a 2.01% rise.
In addition to this, the 24-hour crypto volume has also increased by 9.37% to reach $169.09B. Concurrently, the Crypto Fear & Greed Index has attained 59 points while approaching the “Greed” zone.
Bitcoin Surges by 0.95% and Ethereum Sees 1.43% Spike
Particularly, Bitcoin ($BTC) is trading at $118,083.91, signifying a slight 0.95% increase over 24 hours. Additionally, the market dominance of the flagship crypto asset is nearly 59.3%. However, ethereum ($ETH) has seen a notable 1.43% increase to touch $4,230.86 spot. At same time, its market dominance has also jumped to 12.9%.
$SWOL, $AUTO, and $GROK Dominate Crypto Gainers
Apart from that, the top crypto gainers of the day include Snowy Owl ($SWOL), Auto ($AUTO), and SORA GROK ($GROK). Specifically, $SWOL has gone through a stunning 3438.85% rise to reach $0.00006547. Subsequently, $AUTO’s 3421.88% increase has placed its price at $117.36. Following that, $GROK is now hovering around $2.66 after a 621.54% upsurge.
DeFi TVL Rises by 2.81% and NFT Sales Volume Goes Through 45.74% Increase
Similarly, the DeFI TVL has jumped by 2.81%, reaching $150.089B. Along with that, the top DeFi project in terms of TVL, AAVE, has also experienced a 3.05% spike to touch $38.467B. Nevertheless, in the case of 1-day TVL growth, Brise Swap is the top player, accounting for a staggering 16056889487211810816% increase over twenty-four hours.
Simultaneously, the non-fungible token (NFT) sales volume has also gone through a 45.74% uptake, claiming $33,243,610. Additionally, the top-selling NFT collection, CryptoPunks, has seen a 77.16% spike, touching $5,801,838.
Ukraine Parliament Proposes 10% Crypto Holding Tax, While Trump’s Crypto Council Chief Quits
Overall, the crypto industry has also recorded many other notable developments. In this respect, Ukraine’s parliament has proposed a ten percent taxation on cryptocurrency holdings to meet EU standards of regulations.
What’s more, Coinbase has unveiled exclusive DEX trading functionalities, including fee subsidies and self-custody for U.S.-based consumers. Furthermore, Bo Hines, the chief of the WHITE House Crypto Council of Donald Trump, has resigned from the office on Saturday.
