Global #Altcoin

​Solana (SOL) has been making waves in the cryptocurrency market, particularly in 2024.

As the cryptocurrency market continues to evolve, Ethereum (ETH) has once again reaffirmed its status as the top-traded altcoin. The veteran cryptocurrency, with a market capitalization surpassing $401 billion and a daily trading volume averaging $66.9 billion

The global cryptocurrency market experienced a slight downturn today, with a total market capitalization decreasing by 0.28% to $2.17 trillion. In conjunction with this dip, 24-hour trading volumes fell significantly, down 11.09% to $69.42 billion.

This past week has witnessed a notable surge in altcoin performance alongside Bitcoin (BTC), leading to an increase in the Altcoin Season Index, which has risen to a two-month high of 45, according to Blockchain Center.

A lesser-known cryptocurrency has experienced a meteoric rise this week, gaining over 27% in value. The catalyst for this surge? A newly announced involvement in a Central Bank Digital Currency (CBDC) project.

The cryptocurrency market is vast and ever-expanding, with thousands of altcoins (alternative cryptocurrencies to Bitcoin) vying for attention.