Bitcoin Remains Steady While Solana and Ethereum Ignite Altcoin Rally

While Bitcoin (BTC) maintained its position above $109,000, signaling market stability, a surge in activity among altcoins like Solana (SOL), and Ethereum (ETH) sparked renewed momentum. BTC traded at $109,541 after modest gains of 0.2% over the last 24 hours, but its weekly increase reached 3.8%. Its high trading volume, exceeding $34 billion daily, reinforced investor confidence. Ethereum (ETH), on the other hand, rose by 4.7%, reaching a record-breaking $2,795.74 for the day and a substantial 6.2% gain over the week. Its rapid ascent coincided with increased use of Ethereum-based applications, contributing to a positive outlook for the altcoin market.