Cryptocurrency Comeback: Key Drivers Behind the Market's Latest Surge
While Bitcoin and Ethereum remain market leaders, this rally is also being powered by altcoins. Tokens associated with Layer-2 networks, which enhance the scalability of Ethereum, are performing exceptionally well. Coins like Mantle, Zora, and Optimism have all recorded double-digit percentage gains in recent weeks.
This trend signals a broader interest in blockchain applications beyond simple payments. Developers are increasingly building decentralized finance (DeFi) protocols, gaming projects, and tokenized real-world assets on these networks. As a result, capital is rotating out of Bitcoin into smaller coins with higher growth potential, fueling a more widespread market recovery.