The post Altcoin Season is Here: XRP, ADA, SUI, ETH Rally appeared first on Coinpedia Fintech News
Bitcoin is racing towards $100,000 as the crypto market heats up, thanks to the Fed’s signals and Trump hinting at a trade deal. Altcoins are also making big moves, with some jumping over 10%.
In a recent post, President Trump teased a “big” trade deal announcement with a “highly respected country” at 10 a.m. ET press conference.
Bitcoin has shown resilience in this volatile market. Analysts say this is a clear sign that investors view it as a safe bet in uncertain times. Many are also predicting the start of an altcoin season, with several coins posting strong gains.
Top Gainers Today-
XRP is up 3% in the past 24 hours, while Ethereum (ETH) is trading at $1,943, up 5% after the recent Pectra upgrade. Solana (SOL) and Dogecoin (DOGE) are both up over 4% and 5%, respectively, while Cardano (ADA) also saw a 4.8% boost.
SUI is leading the pack with a 9% jump, and Hedera (HBAR) is up 5%. The Pi Network is also up over 7% today. Memecoin Pepe is flexing a 13% gain, while ONDO and AAVE are both up 6% and 7%. Chainlink and Avalanche are also in the green, each up around 6%.
The top crypto gainers today are EOS, up 17% at $0.84, Bitcoin Cash rising 13% to $416.82, while Immutable is up 10.86% at $0.58.
The CMC Altcoin Index is currently at 30. While altcoins are performing well, there is still room for growth. Bitcoin leads the market share with 64% dominance. The Crypto Fear and Greed Index is at 53, showing a neutral market.
ALTCOIN SEASON IS BREAKING OUT NOW! pic.twitter.com/CcKJDs9aNl
— Crypto Rover (@rovercrc) May 8, 2025
Analyst Crypto Rover shared a chart showing that altcoins are gaining momentum, with a rise in altcoin activity in May 2025. He shared that the Altcoin Season is here, and as they begin to rise, big gains could be ahead. According to analyst Michaël van de Poppe, the altcoin market looks great, and it could rally to $925 billion.
