Altcoin Surge: Could This Be a Long-Lasting Trend in the Cryptocurrency Market?

Recent cryptocurrency market trends have highlighted a noteworthy shift with altcoins outperforming Bitcoin, sparking excitement among investors. While past similar surges resulted in substantial returns for altcoins, this year’s developments differ significantly. Despite Bitcoin’s recent comeback above $118,500, Ethereum has seen its momentum stagnate. Meanwhile, the BASE network continues to break records, further propelling this unique trend. DaanCrypto analyzes the current situation, highlighting that despite similar periods of altcoin outperformance in the past, this surge stands apart due to factors such as decentralized finance growth and increased institutional investment.