On Nov. 15, a number of altcoins continued to point out power alongside (BTC), which notched an intra-day excessive at $37,400. Main into the week, DYDX, Solana’s SOL (SOL) and Avalanche’s AVAX (AVAX) presently replicate double-digit beneficial properties, with every chasing after new year-to-date highs.
The sustained bullish value motion from altcoins has led some analysts to declare the arrival of an altcoin season, and on the time of writing, the entire market capitalization of the altcoin market has hit a 2023 excessive at $659.5 billion.
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