• The Open Interest behind Cardano revealed an interesting trend.
• The Tether Dominance chart showed that further gains were likely.

Bitcoin [BTC] bulls have applied a lot of pressure in the past five months. Notably, Bitcoin ETFs have spurred prices near the all-time highs. In turn, this has led to a massive influx of capital into the altcoin market.

In a post on X (formerly Twitter), Santiment observed that the altseason hadn’t slowed down this weekend. The meme coins saw triple-digit rallies over a few days, but the large-cap coins have also done well.

Taking a closer look at major cap coins in an uptrend

Among the top 10 cryptos by market capitalization, Cardano [ADA] and Solana [SOL] have the best performance over the past seven days — excluding Dogecoin [DOGE] which has gained 64%.

ADA rallied 23.82% over the past week, while SOL stood at 24.97% in gains.

AMBCrypto looked at some

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Author: Akashnath S

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