Binance Is Hotbed for Altcoin Breakout, Bullish Data Emerges

53 minutes ago by · 3 mins read

Binance altcoin volume share has hit 82.3%, surpassing the volume of Bitcoin on the exchange, marking a new high for the crypto industry.

Binance’s altcoin volume outlook is following a movement that has market watchers wondering. According to blockchain analytics firm CryptoQuant, the altcoin volume share recently hit an all-time high (ATH) of 82.3%. This marks a significant milestone because it has never reached this level in the past.

Binance Altcoin Volume Share Beats Previous Record

J.A. Maartunn, a top analyst at CryptoQuant, shared a chart to explain the current state of Binance’s altcoin volume share. He highlighted how the chart tracks the share of futures trading volume on Binance that is generated from altcoins against that from the flagship digital asset Bitcoin BTC $113 243 24h volatility: 0.6% Market cap: $2.26 T Vol. 24h: $57.97 B .

 

The closest percentage to this is 76%, which the broader crypto community saw in May 2021 when altcoin trading volume spiked significantly. To the recently recorded spike in altcoin volume share, the analyst noted, “Never before has altcoin activity dominated like this.”

Quite a number of altcoins have been spotted to be responsible for a major fraction of this traction. Maartunn listed Plasma (XPL), Astar (ASTR), Solana SOL $207.2 24h volatility: 1.7% Market cap: $112.62 B Vol. 24h: $7.05 B , and Pump.Fun (PUMP) as a few of them.

XPL, ASTR, SOL and PUMP Leads Altcoin Volume Spike

Plasma, a Bitfinex-backed Layer-1 blockchain, has recorded some remarkable achievements lately. Barely a week after its launch, it has seen more than $3.14 billion in Total Value Locked (TVL).

This explosive adoption, including a listing on Binance and a critical partnership with hardware crypto wallet provider Backpack, trickled to its XPL token. It drove the Plasma’s growth up by 35%. In mid-September, only the PUMP token copped a 69% weekly gain, leaving market watchers in awe.

Solana price is currently trading around $206, although it had previously moved to more than $223. Analysts were expecting the altcoin to push towards $300 as all odds seemed to align in its favor. However, the tables turned a few days earlier, causing SOL to head for the ‘red’ zone.

Don’t Miss Your Chance with Maxi DOGE Presale

Coins like Maxi Doge (MAXI) could further contribute to such an altcoin volume share spike. This project has an ongoing presale that has successfully raised $2,625,854.91, an indication that investors perceive its long-term potential. Moreover, these entities have shown that they are willing to invest their funds.

With this positive momentum, it is now ranked among the best crypto presales of 2025.

Current Presale Stats:

Current price: $0.00026

Amount raised so far: $2.63 million

Ticker: MAXI

Purchases can be completed using credit or debit cards, as well as cryptocurrency. Want to learn more? On our website, you can read our practical recommendations on how to buy Maxi Doge.

Share:

Related Articles

Turn $1 into $1 Million: ChatGPT’s Three Crypto Picks

By September 29th, 2025

Three fast-rising cryptocurrencies are showing the kind of momentum that could turn a small stake into a million-dollar fortune.

Solana Whales Sell $31.5 Million on SOL Price Rise as ETF Approval Looms

By September 29th, 2025

A Solana whale sold $31.6 million worth of SOL as the price rebounded to $208, with analysts noting continued whale profit-taking on every price rise.

CZ Recounts Big Milestones One Year After Jail Stint: Details

By September 29th, 2025

CZ took to X to highlight a few developments that the crypto space has seen in the last year and two days. This is the exact duration that he has spent outside prison.

Exit mobile version