Altcoins Gain Momentum as Bitcoin Dominance Wanes
With Bitcoin's market dominance slipping since summer, capital appears to be rotating into altcoins. XRP, Solana, and ethereum are emerging as top contenders for the coming year, particularly if U.S. crypto regulations materialize.
XRP ($XRP) continues to disrupt cross-border payments through Ripple's network, offering near-instant settlements at minimal cost. Institutional recognition from the UN and White House underscores its growing legitimacy. The token now ranks as the third-largest cryptocurrency by market cap outside stablecoins.
Bitcoin holds steady below $90,000, trading around $87,000. This stability, coupled with declining dominance, historically precedes altcoin rallies. Solana's scalability and Ethereum's upcoming protocol upgrades position both as beneficiaries of shifting investor focus.