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Ethereum Outpaces Bitcoin With 19% Surge as Altcoins Ride the Wave

Ethereum Outpaces Bitcoin With 19% Surge as Altcoins Ride the Wave

Author:
Coingape
Published:
2025-05-09 03:03:50
7
2

While Bitcoin claws back to $102,000—proving even dinosaurs can have good days—Ethereum steals the spotlight with a blistering 19% rally. Not to be outdone, altcoins like XRP, ADA, and DOGE join the party, because nothing pumps a market like FOMO and cheap memes.


The ETH Show:
Ethereum isn’t just flipping the script on Bitcoin’s slow-mo recovery; it’s rewriting the playbook. Smart contract activity and institutional interest are fueling the fire, leaving BTC maximalists sweating into their laser-eyed avatars.


Altcoin Carnival:
From XRP’s legal limbo to DOGE’s meme-powered absurdity, the altcoin brigade is here to remind you that fundamentals are optional when hype is on the menu. ADA? Sure, why not—every rally needs a ‘sleeper’ pick.

Closing thought: If this is the ‘healthy correction’ Wall Street promised, we’ll take ten. Just don’t check your portfolio during the next Fed meeting.

The cryptocurrency market kicked off Thursday on a strong note, with major assets flashing green and the global market capitalization climbing to $3.21 trillion, marking a 5.67% increase in the past 24 hours.

Ethereum (ETH) took the spotlight as the top gainer among major cryptocurrencies, surging 19.57% to $2,203.86, followed by Bitcoin (BTC), which also edged higher by 3.90% to trade at $102,610.09.

The Fear & Greed Index currently reads 70, indicating strong market greed as investors rush to ride the bullish wave. However, the Altcoin Season Index stands at 36/100, hinting that despite recent gains, bitcoin still dominates the market momentum.

Other performers include XRP, which saw its price increase by 6.43% to $2.30. Solana also had a good day, jumping by 8.21% to reach $162.41. Meme-favorite Dogecoin joined the rally with a 10.51% surge, bringing its price to $0.1952. Cardano impressed traders as well, with its price moving up by 11.81% to $0.7716.

BNB showed a quieter but steady performance, increasing by 2.97% to $624.31. Meanwhile, stablecoins like Tether and USDC stayed close to their usual $1 mark, holding steady at $0.9999 each.

The rally continues deeper into the crypto market rankings. Sui saw an impressive 12.34% jump over the past 24 hours, trading at $3.96, despite a slight 1.09% dip in the last hour. Chainlink also climbed higher, gaining 11.18% to trade at $15.83, keeping its momentum steady over the week.

Avalanche joined the list of gainers, rising by 11.16% in the last day to reach $22.24. Stellar wasn’t far behind, posting a 10.58% increase to settle at $0.2936. Meme-favorite shiba inu recorded a 9.90% rally, now valued at $0.00001430.

Bitcoin Cash delivered a solid performance too, climbing by 4.88% to $420.26, while Hedera added 8.52% to its price, now trading at $0.1944. Meanwhile, UNUS SED LEO remained relatively stable, edging up by 0.67% to $8.86.

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