After the largest liquidations that the crypto markets have experienced in recent times, the altcoin front has finally started to show signs of recovery. According to CoinMarketCap data, leading cryptocurrencies such as ETH, DOGE, ADA and XRP attract attention with strong gains. While investors and corporate actors painted an optimistic picture again, transaction volumes also increased significantly.
ETF Excitement and Reward Reduction Discussion on Dogecoin
Ethereum $3,884.92rising by 2.29% in the last 24 hours and reaching $3,889. While the transaction volume exceeded 31 billion dollars, this increase came after the 15% decrease experienced last week. ETH’s gain throughout the year is 60.8%. Among the most important factors supporting the rise are expectations for the Fusaka update and institutional interest in staking-backed ETH ETFs. However, some analysts warn that Ethereum’s supply schedule and decentralization discussions may affect medium-term stability.
On the other hand, Dogecoin, which increased by 11.25% in the last 24 hours to $ 0.2105 $0.187669attracted investor attention again. The return of retail investors and Dogecoin ETF expectations paved the way for the rapid rise in price.
Additionally, another topic on the agenda in the community was the proposal to reduce the block reward from 10,000 DOGE to 1,000 DOGE. While this development is welcomed with the idea that it may reduce inflation in the long term, some miners argue that decreasing rewards may negatively affect participation. On the other hand, whale purchases and increasing transaction volume indicate that institutional investors are repositioning.
Recovery Gained Speed in Cardano and XRP
Cardano (ADA) $0.634189rose by 3.08% to $0.63. The $71 million treasury fund approved by the community played an important role in this recovery. The fund will fund major scaling projects such as Ouroboros Leios, Hydra, and the Midnight sidechain. These developments are expected to add long-term strength to Cardano’s ecosystem.
On the other hand, XRP increased by 4.82% to $ 2.36, bringing its annual gain close to 350%. This strong performance raises expectations for possible XRP ETF applications and Ripple $2.36It is supported by the atmosphere of trust following ‘s settlement with the SEC at the beginning of the year.
This rise, which came after the liquidation storm, indicates that trust has been restored in the crypto market. While projects such as Ethereum and Cardano are supported by technological innovations, ETF expectations on the Dogecoin and XRP side are pushing prices up. However, market experts emphasize that macroeconomic stability and clarity on the regulation front are needed for this rally to be permanent.