🔥 Altcoin Surge Market Cap Crosses $1.4 Trillion Milestone!
The crypto market is regaining strength, and altcoins are picking up momentum. Ethereum has taken the lead, climbing above $3,450 its highest since mid-January. Investor confidence is rising as the breakout fuels renewed interest across the altcoin space.
From April lows, many coins have rallied recently. Improved volume and healthy structure are helping mid- and small-cap assets rebound alongside leaders like ETH and SOL.
Top analyst On-Chain Mind highlights that altcoins are gaining traction, with a favorable shift in the market environment. In a recent post, he noted that the altcoin market has reclaimed its 200-day moving average — a historically significant signal.
However, he also cautioned that past breakouts above this level have often led to sideways movement and volatility. Still, this time could be different. Ethereum holding above $3,400 and Bitcoin stabilizing near key zones sets the stage for a broader altcoin run.
After long periods of accumulation, many altcoin price charts now show bullish structure. Higher lows and clean breakouts across DeFi, Layer 1s, and infrastructure tokens hint at renewed demand and rotation of capital.
Altcoin Market Cap Hits $1.42 Trillion
TOTAL2 (total crypto market cap excluding BTC) jumped 9.68% in a week, hitting its highest since March 2025. The breakout above the 50, 100, and 200-week moving averages confirms strong trend strength.
A major technical highlight: the 50-week SMA has crossed above the 100-week SMA. Meanwhile, the 200-week SMA at $880B continues to offer solid support.
Ethereum’s push beyond $3,450 is driven by strong retail interest and rising optimism. If TOTAL2 holds above $1.4T, the next big level is $1.6T last seen earlier this year.