Ethereum leads the broader crypto market rally with a 9% gain, reaching $2,700, while other altcoins like XRP, Solana, and Dogecoin show 4-10% increases.
By Bhushan Akolkar
Editor Julia Sakovich
Updated
3 mins read
Altcoins are showing major strength once again in today’s broader crypto market rally as Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B leads with over 9% gains, moving all the way to $2,700. Other altcoins like XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B , Solana SOL $150.7 24h volatility: 2.6% Market cap: $78.04 B Vol. 24h: $3.80 B , Dogecoin DOGE $0.18 24h volatility: 5.1% Market cap: $27.07 B Vol. 24h: $1.05 B are also showing strength with 4-10% gains as Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B dominance nosedives. Market analysts have already started predicting the start of a full-blown altcoin season.
Cryptocurrency enthusiasts are abuzz as a key market signal has reappeared, sparking hopes of an incoming altseason. A “golden cross” has been confirmed for altcoins, suggesting the beginning of a major upward trend.
The last time this pattern emerged during the 2021 bull run, altcoins surged by an astonishing 28,000% with investors minting heavy returns. Now, in 2025, the same setup has materialized, fueling speculation of a repeat performance.
Altseason incoming. golden cross hit.
Last time this happened in 2021, alts went +28,000%
2025 just did the same.
if you fumble this run, you deserve to stay broke.Don’t fade the rotation.#crypto #altcoins #bullrun pic.twitter.com/ZZp7z2nrcT
— Bitcoin Duniya (@bitcoin_duniya) May 13, 2025
On the other hand, Bitcoin seems to have entered a strong consolidation period as BTC price continues to flirt around $103,500 levels.
A pretty normal consolidation on #Bitcoin before the breakout above the all-time high.
In the meantime; #Altcoins are significantly breaking out and continuing their momentum.
The signs of a bull market. pic.twitter.com/GCPuPsGkjg
— Michaël van de Poppe (@CryptoMichNL) May 14, 2025
Ethereum price is up by another 9% today, trading at $2,690 levels, while extending its weekly gains to more than 45%. The recent ETH-BTC pair upside screams for a major rally moving ahead. Market analysts believe that once ETH price claims $3,000, it will set the stage for the next leg of rally to $4,000 and beyond.
On the other hand, Ripple’s XRP is up 3.5% to $2.58 resistance levels, with its weekly gains standing above 20%. Crypto analyst Ali Martinez reports that XRP faces no significant resistance clusters ahead, suggesting the potential for further upward momentum.
On-chain data indicates that the key support level to monitor is at $2.38, which could serve as a strong foundation for XRP’s price stability.
On-chain data shows $XRP has no major resistance clusters ahead, while the key support zone to watch sits at $2.38. pic.twitter.com/vvXjsSUYG1
— Ali (@ali_charts) May 13, 2025
Similarly, Dogecoin (DOGE) has bounced back by 6% to $0.238, taking its weekly gains to more than 37.5%.
Bitcoin dominance ($BTC.D) recently saw a sharp rejection following a rally in ETH/BTC, creating a mixed outlook for the market. If altcoin/BTC pairs show resilience, Bitcoin dominance could test range lows near 60%, presenting opportunities for altcoins to capitalize on the momentum.
$BTC.D With a sharp rejection after the recent $ETH/BTC rally.
Currently in the middle of this range. If BTC Dominance were to grind back to the highs then I think it's safe to say this was just a big squeeze on ETH/BTC and alts and BTC takes the spotlight back for a while.
If… pic.twitter.com/9poOrcsYYU
— Daan Crypto Trades (@DaanCrypto) May 13, 2025
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
