The altcoin market has seen an influx of over $2.6 billion in the past week, leading to significant gains for several mid-cap cryptocurrencies. RNDR, AR, GRT, THETA, and VET have each posted gains exceeding 20%, driven by heightened demand for decentralized solutions in computing, storage, data indexing, streaming, and supply-chain management.
This surge in investment reflects a broader recovery in non-Bitcoin and Ethereum assets, as improved on-chain data and rising trading volumes indicate growing investor confidence. Analysts attribute this trend to increasing institutional interest in blockchain technologies, suggesting a positive outlook for the altcoin sector.
Altcoin Market Attracts $2.6 Billion Inflow, Mid-Caps Surge
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